EU approves €89.5m for Catania solar panel plant  

EU approves €89.5m for Catania solar panel plant  

Business news |
By Nick Flaherty

The European Commission has approved an €89.5m Italian grant to support the €600m expansion of 3Sun’s solar panel plant in Catania, Sicily.

The grant to support the solar panel plant under the Recovery and Resilience Facility (RRF) will contribute to the EU’s strategic objectives relating to the European Green Deal and to reinforce the EU strategic autonomy.

The direct grant to support the expansion by 3Sun, part of the Enel group, for the plant. This will expand the annual capacity of 3Sun’s existing plant from 200 MW to more than 3 GW and support the introduction of tandem cells that add a perovskite module to boost the conversion efficiency.

The plant will ultimately reduce the EU dependency on imports from foreign manufacturers, notably China, and is expected to create almost 650 direct jobs.

“This €89.5 million measure enables Italy to support the expansion of 3Sun’s solar panel plant in Catania, contributing to the regional development and competitiveness of this area. Funded by the Recovery and Resilience Facility, this aid measure will contribute to the European transition while limiting possible distortions of competition,” said Margrethe Vestager, Executive Vice-President in charge of competition policy.



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