Rebuilding a European photovoltaic industry

Rebuilding a European photovoltaic industry

Solar energy is the only credible large-scale solution for controlled, clean and abundant energy. It is also the energy source that is the most rapidly deployable for meeting the challenges of the energy transition in the short term.

Photovoltaics has been the most widely deployed energy source in the world for the past 4 years. It already represents more than €150 billion in sales in 2021 and will likely become the world’s leading energy source by 2050 (source: IEA).

At the European level, 29 GW of new solar capacity were installed in 2021, and it is estimated that 50 to 70 GW/year will be installed by 2025!

To meet this challenge, Europe will need to build a solid and competitive industrial sector. This is the ambition of CARBON, which plans to produce 20 GW of photovoltaic panels in France by 2030 for the European market.

At the heart of our industrial and commercial project is the integration of the entire photovoltaic value chain: ingots, wafers, cells and panels. But we also intend to secure the supply of polysilicon, a strategic input for many industries.

CARBON intends to supply the global market of solar power plant developers as well as panel assemblers who buy cells directly. Our ambition? To recreate a competitive European solar industry, integrated from upstream to downstream.

By 2025, CARBON will be manufacturing and marketing high-performance, reliable, sustainable, low-carbon photovoltaic products.

By the end of the year, the company will raise its first round of financing for the next step in its adventure, with the aim of opening its first production site in France in 2025.