Dutch solar project secures EUR 412 million government support

The SolarNL initiative, designed to strengthen solar manufacturing in the Netherlands, has been awarded a subsidy by the Dutch government’s National Growth Fund. The project will receive EUR 312 million (USD 340m) from the government, of which EUR 135 million awarded immediately and EUR 177 million conditionally, as well as a EUR-100-million loan.

The SolarNL program groups nine Dutch solar technology companies - Solarge, MCPV, HyET Solar, Compoform, Exasun, Energyra, Lightyear Layer, IM Efficiency and Taylor - and research organizations, targeting the development and large-scale production of circular integrated solar cells and panels in the Netherlands.

It will seek to develop and industrialize three innovative photovoltaic (PV) technologies: high-efficiency silicon heterojunction cells (HJT), flexible perovskite films, and PV products for integration into buildings and automotive applications.

MCPV said (on Linkedin) that the support includes its first GW-scale HJT cell manufacturing facility in Europe.

The overall budget of the program is EUR 898 million, of which EUR 586 million is private financing.

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Posted: Jul 05,2023 by Roni Peleg