HOPE – High-efficiency Onshore PV module production in Europe
Key Insights
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Production capacity3.5GW
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Investment (€):200M
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Date of LaunchMarch 2023
“We are very pleased that the EU Commission wants to support our project. The EU is not only contributing to the decarbonization of the energy system and the transformation of the industry. It is equally investing in the resilience of supply chains in the solar industry.”
Gunter ErfurtCEO of Meyer Burger
Meyer Burger Technology AG, through its group company Meyer Burger (Industries) GmbH, submitted a funding application for EUR 200 million in the EU-wide selection process of the European Innovation Fund in March 2023. The project “HOPE” (High-efficiency Onshore PV module production in Europe) submitted by Meyer Burger has prevailed as eligible for funding, the EU Commission announced today.
HOPE involves the construction of an additional 3.5 gigawatts of production capacity for solar cells and solar modules by Meyer Burger in Germany and probably in Spain.
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