FuturaSun expands its manufacturing capacity with a new factory in Taizhou: 4 highly automated lines with an annual production capacity of 500 MW. Strong point: the new Silk stringer machines designed in Italy, double the output in half the space.
FuturaSun consolidates its supply chain and opens a new factory in Taizhou, with the aim of directly challenging behemoths of the photovoltaic sector, on Chinese soil. By adopting particularly high technological quality and energy efficient Italian solutions, the Veneto-based company is deploying its innovative strategy, based on an Italy-China partnership.
The new FuturaSun plant will occupy a 20,000 m2 site and consist of 4 highly automated lines, guaranteeing an annual production capacity of 500 MW. With this business project, production capacity is soon to increase to 1 GW.
The new Silk stringer machines are the heart and soul of this project and have been designed in Italy by the FuturaSun team in collaboration with a spin-off of the University of Padua. Read more…
The new FuturaSun plant is located in the industrial district of Taizhou in the Jiangsu province, just north of Shanghai and 200 km from the other production site in Maanshan. The district is home to numerous companies operating in the photovoltaic sector, from manufacturers of parts to renowned panel production giants. This inauguration highlights the company’s new orientation, with focus on the expansion of production in strategic locations specialized in the photovoltaic sector, where the supply chain is mature and competitive.
FuturaSun is the only European company which has carved out and maintained its very own niche on the ruthless manufacturing market of the world’s factory. It is the first and only Italian company which also produces for the local market. All this is down to Alessandro Barin’s solid ties with China, indeed the young businessman has been operating between both countries for 20 years now. The CEO of FuturaSun has successfully combined all the experience and knowledge of the Veneto photovoltaic district with the incredible economic development opportunities of the Chinese giant.
The 39 year old CEO Alessandro Barin declares: “In worldwide dynamics between Europe and China and in our sector, examples of successful investments for the production of modules are few and far between. The new factory once more proves that FuturaSun is a European company which knows how to maintain its own business and grow by operating in a bi-cultural perspective.
There is no shortage of satisfaction: 70% increase in turnover in the fist six months of 2019.
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