Belgian photo voltaic producer Belinus has chosen Belgium and Georgia to construct 5GW of photo voltaic PV module manufacturing amenities to be operational by the top of 2025.
The development will likely be carried out in two phases, with the primary one centred on constructing a 500MW manufacturing line of tunnel oxide passivated contact (TOPCon), whereas the second will carry greater than 1GW of tandem again contact (TBC) photo voltaic cell expertise.
“We’re already in energetic negotiations with native authorities officers to begin the manufacturing by the top of the primary quarter of 2024,” mentioned Francis Rome, chairman of Belinus.
With the brand new amenities, the corporate expects to extend its provide chain in Europe in addition to goal the US market. The Belgian photo voltaic PV producer at present has a 2.2GW annual capability.
With Belinus’ 5GW annual manufacturing capability of tandem and TOPCon expertise, it could carry nearer the European Fee’s objective of reaching 30GW of European manufacturing capability by 2025 throughout your complete worth chain.
Because the EC launched its Inexperienced Deal Industrial Plan early in February, Europe has had an uptick in photo voltaic manufacturing initiatives with Exiom and Iberdrola partnering to carry a 500MW TOPCon facility in Spain later this 12 months, French startup Carbon planning to construct a 5GW and three.5GW cell and module manufacturing facility respectively in France and German producer AE Photo voltaic choosing Romania to construct a 10GW photo voltaic module facility.