700 million euros invested in Moselle in a solar panel factory

by time news

2023-05-15 09:32:30

The announcement was made by Roland Lescure this Sunday, confirming information from Sunday newspaper. POOL / REUTERS

Emmanuel Macron will officially announce this investment on Monday at the “Choose France” summit in Versailles, according to Minister of Industry Roland Lescure. This establishment will be accompanied by the creation of 1,700 jobs.

Emmanuel Macron will officially announce on Monday the establishment of a photovoltaic panel production plant in Sarreguemines (Moselle) during the “Choose France” summit in Versailles, an investment of “700 millions” of euros representing 1700 jobs, said this Sunday on France info Industry Minister Roland Lescure, confirming information from Sunday newspaper.

«For years, we subsidized photovoltaic panels that were made at the end of the world, here we are going to have photovoltaic panels Made in France“, he welcomed. The project is carried, according to the JDDby Holosolis, an offshoot of the InnoEnergy group, whose shareholders include Siemens, the CEA and several European universities.

The photovoltaic cell production plant should come into service in 2025 and have a capacity of five gigawatts in the long term, specifies the weekly. “It’s concrete ecology, we’re going to manufacture the products we’re going to consume in France (…) we’re going to create jobs in France“, greeted Roland Lescure. The deputy (LR) of Moselle Vincent Seitlinger was also delighted with this investment, welcoming on Facebook a “very good news for our local economy».

“Choose France” summit Monday in Versailles

The announcement must be made official on Monday during the “Choose France” summit during which the French president brings together heads of foreign companies at the Palace of Versailles in order to attract foreign investment. Last year, the investments announced on this occasion represented 10.8 billion euros. “It will be moreduring this edition, said the Minister of Industry.

Ahead of this summit, the Taiwanese group ProLogium announced that it was going to set up an electric battery factory in Dunkirk (North), for an investment of 5.2 billion euros and the expected creation of 3,000 direct jobs. The Chinese XTC and the French Orano will invest 1.5 billion euros and create 1,700 jobs in a site linked to lithium batteries, still in Dunkirk.

The photovoltaic cell production project in Sarreguemines comes a few months after the abandonment of a similar project at the same location by the Norwegian company Rec Solar. This provided for an investment of 681 million euros and the creation of 1,500 jobs.



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