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“Choose France”: 700 million euros invested in Moselle in a solar panel factory

Emmanuel Macron announces a solar panel production plant in Sarreguemines, with an investment of 700 million euros and the creation of 1,700 jobs. This initiative supports domestic manufacturing and strengthens the French economy. The announcement will be made during the "Choose France" summit.

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Emmanuel Macron will officially announce on Monday the establishment of a photovoltaic panel production plant in Sarreguemines (Moselle) during the “Choose France” summit, an investment of “700 million” euros representing 1,700 jobs, said Sunday on Franceinfo the Minister of Industry Roland Lescure. “For years, we have subsidized photovoltaic panels that were made at the end of the world, there we will have photovoltaic panels Made in France,” he said, confirming a report in the Journal du dimanche.

Commissioning in 2025

According to the JDD, the project is being carried out by Holosolis, an offshoot of the InnoEnergy group, whose shareholders include Siemens, the CEA and several European universities. The photovoltaic cell production plant is scheduled to begin operation in 2025 and will eventually have a capacity of five gigawatts, the weekly said. “It is the ecology of the concrete, we are going to manufacture the products that we are going to consume in France (…) we are going to create employment in France”, greeted Roland Lescure. Vincent Seitlinger, MP for Moselle (LR), also welcomed the investment, hailing it on Facebook as “very good news for our local economy”. The announcement is to be made official on Monday at the “Choose France” summit, during which the French president is bringing together foreign business leaders at the Château de Versailles to attract foreign investment.

Last year, the investments announced on this occasion represented 10.8 billion euros. “It will be more” in this edition, said the Minister of Industry. Ahead of the summit, the Taiwanese group ProLogium announced that it would set up an electric battery factory in Dunkirk (Nord), for an investment of 5.2 billion euros and the expected creation of 3,000 direct jobs. Chinese company XTC and French company Orano will invest 1.5 billion euros and create 1,700 jobs in a site linked to lithium batteries, also in Dunkirk. The photovoltaic cell production project in Sarreguemines comes a few months after a similar project in the same location was abandoned by the Norwegian company Rec Solar. 681 million and the creation of 1,500 jobs.

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