PVTIME – The groundbreaking ceremony for FuturaSun’s integrated solar energy base project took place at the Lingang Industrial Park in Lingwu, Yinchuan. FuturaSun, a leading European photovoltaic company, is making significant inroads into the Chinese market.
The project, with a total investment of 6.5 billion yuan, will be implemented in two phases. The first phase, with an investment of 2 billion yuan, will see the construction of a 5GW photovoltaic module factory and a 500MW perovskite pilot line. The second phase, involving an investment of 4.5 billion yuan, will see the construction of an 8GW heterojunction solar cell factory. Once operational, the project is expected to generate annual revenues of more than 4 billion yuan.
Founded in 2008 and headquartered in Italy, FuturaSun has been a key player in the photovoltaic sector for 17 years. It combines sales, R&D and manufacturing of photovoltaic modules. Thanks to its innovative edge, FuturaSun has a global reach, supplying products to over 70 countries and regions in Europe, South America, the Middle East and Africa.
In particular, FuturaSun is the only Italian photovoltaic company to invest in China. In 2022, it established its Chinese headquarters in Suzhou, Jiangsu, along with a module R&D and production base and the China-Europe New Energy Research Institute. In 2023, it further strengthened its technology portfolio by acquiring Solertix, a perovskite solar cell company from the Organic Solar Centre of the University of Rome. Solertix, which focuses on third-generation photovoltaic technology, aims to commercialise perovskite-crystalline silicon tandem solar cell technology.
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