MCPV secures €10 million grant for 2.5 GW solar module factory in Spain

MCPV secures €10 million grant for 2.5 GW solar module factory in Spain Netherlands-based MCPV, a silicon heterojunction PV manufacturer, is planning to build a GW-sized PV panel factory in Tudela, Navarra, Spain. April 3, 2025 Valerie Thompson Highlights Manufacturing Markets Markets & Policy Modules & Upstream Manufacturing Netherlands Spain A rendering of the MCPV cell plant in Veendam, Netherlands. Image: MCPV Share Netherlands-based solar PV manufacturer MCPV has received approval for a €10 million grant for the construction of a 2.5 GW solar module factory in Tudela, in the Spanish region of Navarra, the company's CEO, Marc Rechter, told pv magazine. “This is a good amount to get the first stage going. A local team dedicated to the project will be established later this year,” he added. The grant belongs to a €297.3 million provisional allocation that was announced in March by Spain's Ministry for Ecological Transition and the Demographic Challenge (MITECO). It is within the Renoval program under the Institute for Energy Diversification and Saving (IDAE). The ed projects are seen as essential to Spain’s renewable energy sector. Last year, MCPV announced €4.2 million ($4.6 million) in government support from the National Growth Fund in the Netherlands for a 4 GW solar cell plant to be built in Veendam, Netherlands. The company, which has a silicon heterojunction (HJT) technology roadmap, expects both plants to be fully operational by 2029, according to Rechter. Construction of the cell plant is scheduled for late 2026 and a year later at the module plant. Permitting activities have been started at both locations. Rechter stated that the “speed of implementation and timelines will depend on the strength of implementation of the European regulatory framework,” including the Net-Zero Industry Act (NZIA) and the new measures under the Clean Industrial Deal, as these will “impact the investor appetite for European net zero industry projects.” MCPV was founded in 2020 to re-shore competitive PV manufacturing to Europe. It aims to support the strengthening of the European value chain for PV manufacturing by sourcing equipment and bill of materials (BOM) in the region where possible.   This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com. Nature’s Generator introduces 10.5 kWh home backup battery 02 April 2025 The MyGrid 10k home generator includes a 10 kW inverter and is rated for 6,000 cycles.