With backing from Calés Technologie and Forming, along with established investors including InnoEnergy, TSE, Groupe IDEC, Armor Group and Heraeus, the project aims to create 2,000 direct jobs and reach a cell and module production capacity of 5 GW per year. Once fully operational in 2030, the plant is expected to produce enough solar panels each year to supply electricity to one million European households.
European solar industry pushes EU for PV manufacturing action plan
To achieve this scale, HoloSolis is drawing on a combination of private investment, regional support and national industrial policy instruments. The funds will go towards finalising the factory design, deploying TOPCon technology, supporting recruitment and building the supply chain. In this way, the project aims to support the development of a fully “Made in Europe” solar manufacturing ecosystem and strengthen Europe’s energy sovereignty. The facility is also intended to help Europe reach the Net Zero Industry Act target for 40 percent of PV systems deployed in Europe to be manufactured locally.
Fraunhofer and SolarPower Europe map route to EU solar reshoring
“Several photovoltaic developers have chosen to invest in the project, and we have received more than 20 GW in customer letters of intent overall, which underlines the strength of our business model,” said Bertrand Lecacheux, CEO of HoloSolis.
“This is a decisive step for the HoloSolis gigafactory project in Hambach: more than €200 million in secured investments and strengthened partnerships confirm that it will enter the operational phase in 2026, ” added Franck Leroy, president of the Grand Est region. (hcn)
