Over 250 Million Euros! Astrasun Plans To Build A Wafer + Battery + Component Factory

Hungary's Astrasun Solar Kft has announced plans to build an integrated wafer, cell, and solar module production facility in Romania. The new factory will serve the solar projects developed by the company in the country. It has a total installed capacity of 1.2 GW at Romani so far, with more projects expected to come online in 2024.

"Using funding from the European Recovery and Resilience Fund (RFF), Astrasun plans to cooperate with the European Solar Manufacturers Council in southern Romania to build and operate ingot, solar cell, and photovoltaic module factories in Romania," the company said.

The new factory will be located in the Turnu Măgurele region and will include a 1.8-wafer fab, a 1.5 GW solar cell production unit, and a 1.2 GW module factory. Astrasun said it will invest 102 million euros ($107.9 million) in the wafer fab, 110 million euros in the battery factory, and 55 million euros in the panel factory. Overall, the three facilities will employ more than 800 people.

According to Mihai Baran, executive director of the Romanian Photovoltaic Industry Association (RPIA), the Eastern European country may soon have several factories related to renewable energy.

Baran told PV Magazine in March: "RPIA and RWEA have developed the RESinvest initiative to develop a strong domestic renewable energy supply chain, and Romania has already passed the National Recovery and Recovery Plan and Modernization Fund."

The Romanian NRRP aims to secure a share of the 750 billion euros provided by the EU to help member states recover from the pandemic, an expected development of the solar cell and panel value chain. Total annual capacity is expected to reach at least 200 MW by 2025.

US-based Enphase recently announced that it will start producing microinverters in Timisoara, Romania, from the first quarter of 2023.

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