3Sun, the solar module manufacturing subsidiary of Italian utility Enel has secured €560 million (US$612 million) in financing for its heterojunction module assembly plant in Sicily, Italy.
The modules are based on 3Sun's CORE-H technology and will be commercially available in 2024. They are produced at the Enel Green Power subsidiary's factory in Catania, Italy.
Italian utility Enel’s US subsidiary Enel North America has said that Oklahoma is the favourable location for its planned 3GW US cell and module manufacturing facility.
The renewable energy arm of power generation group Enel has signed a financing agreement with banking group UniCredit to finance the expansion of a solar panel factory in Catania, Sicily.
Amid potential supply chain bottlenecks as China increases its PV manufacturing dominance, companies in markets such as the US, India and Europe are looking to leverage new policy support to scale up domestic production. Jules Scully charts the industry’s efforts to onshore solar module manufacturing.
The head of Enel’s 3Sun Gigafactory says the company is in advanced discussions over ventures further upstream than solar cells to make a robust supply chain in the US and explains the advantages of bifacial HJT and tandem technology to be produced at its planned US manufacturing facility.