The factory will start production in 2025 and, at full capacity will have a production capacity of 5GW per year, producing 10 million photovoltaic modules annually, equivalent to the energy needs of one million European homes. Committed to supporting local talent, it will also employ 1,700 people, most of which will be recruited in the Grand Est region and the Sarreguemine area, supported by a partnership with Pôle Emploi.

At a time where energy security is high on the agenda, Holosolis is committed to increasing Europe’s solar manufacturing capacity. With China currently responsible for 80% of the world’s installed photovoltaic modules  – compared to 3% for the European Union – Holosolis answers directly to growing concerns about supply sovereignty. Holosolis also puts sustainability at the core of its industrial project, aiming to lead the EU industry towards low-carbon, recyclable products.

Holosolis was created by three leading players in their respective markets. First, EIT InnoEnergy, supported by the European Union, one of the largest investors in cleantech and sustainable energy. EIT InnoEnergy has brought on board the IDEC Group, a major player in the French real estate industry and TSE, one of the main producers of solar energy in France, leader in agrivoltaics.

“Holosolis is part of the European dynamics of reindustrialisation of the photovoltaic sector. The international consultation conducted by the Holosolis team, which awarded the first gigafactory site to Sarreguemines in France, is a first illustration of this dimension.”

“We will manufacture the most energy efficient modules, incorporating the latest photovoltaic technologies, with the lowest carbon footprint and highest social standards. Scale effects and line automation will allow for a competitive cost to rival the global giants in the industry. Our modules will be aimed at three main markets: residential roofing, industrial and commercial roofing, and agrivoltaics.”