India, Nov. 27 -- HoloSolis, the French manufacturer of low-carbon European PV cells and modules, has raised over €220 million in public and private funding to build one of Europe's largest solar gigafactories in Sarreguemines-Hambach.

With the support of Cales Technologie and Forming, and a solid foundation of long-term investors including InnoEnergy, TSE, Groupe IDEC, Armor Group, and Heraeus, the project is expected to create 2,000 direct jobs and achieve a production capacity of 5 GW per year.

Once fully operational in 2030, the plant will produce enough solar modules annually to power one million European homes, representing a significant milestone for Europe's energy independence.

To achieve this scale, HoloSolis relies on ...