A consortium of leading manufacturers and investors in the clean energy sector, the European company HoloSolis is one of the solutions being implemented, with the support of the EU, the French government and local authorities, to rebuild a complete photovoltaic industry in Europe, in a market currently dominated by Chinese manufacturers. This will accelerate the transition to a low carbon world, and contribute to the industrial and energy sovereignty of France and the European Union.

HoloSolis’ fund-raising campaign is off to a flying start, thanks to the support of independent photovoltaic developers and producers in France. Led by Technique Solaire, Photosol, CVE and Tenergie, this group, driven by a shared vision and determination, is committed to rebuilding and strengthening the French photovoltaic industry.

“This initial contribution of over one million euros in convertible bonds completes the equity contributions for a total Series A amount of 20 million euros. I sincerely thank each of these partners for their unwavering support and their willingness to work together to advance this shared ambition. Soon, other players in the French photovoltaic industry will be joining this movement,”

“The commissioning of a gigafactory dedicated to the production of solar panels will enable us to offer our customers French products with cutting-edge technology and a low carbon footprint. This project will contribute to the country’s re-industrialization and local economic development, with the creation of numerous skilled jobs. It is in line with our commitment to the energy transition, and meets the objectives for massive deployment of low-carbon energies set out in the multi-year energy plan. Through HoloSolis, we are proud to be strengthening our contribution to the transition and energy sovereignty in France and Europe”,

By investing in HoloSolis, the new consortium partners are securing a future supply of “Made in Europe” solar panels, respecting strict social and environmental standards. They are thus taking a step ahead in the development and marketing of eco-responsible European photovoltaic modules, while actively contributing to the relocation of the photovoltaic value chain in Europe. “Helped initially by the NZIA’s resilience criteria, the long-term ambition is to rival Chinese solar panels. The Hambach Gigafactory relies on volume effects, robotization, artificial intelligence and lean manufacturing, as well as a scalable architecture enabling the rapid integration of the latest technological innovations. It also guarantees production that complies with the quality and safety standards in force in France and Europe, a requirement that will play an increasingly important role in the choice of public and private-sector clients alike,” emphasizes Jan Jacob Boom-Wichers, President of HoloSolis.

HoloSolis meets the objectives of the new Net-Zero Industry Act (NZIA) regulation, adopted by the EU in May 2024. This provides a series of financial and regulatory incentives for the purchase of photovoltaic equipment manufactured in Europe, including the introduction of social and environmental clauses in public procurement and government support schemes. The NZIA stipulates that by 2030, 40% of solar panels installed in the EU will have to come from European factories. France has already adapted its methodology for calculating carbon footprints, favoring decarbonized European production. It will continue to implement the NZIA measures by adapting the rules governing calls for tender and tariff decrees, in particular by integrating resilience criteria, thus encouraging project developers to use photovoltaic panels manufactured in Europe. The consultation on the Pluriannual Energy Program for photovoltaics presents very encouraging reindustrialization objectives.

 

Together with its partners, HoloSolis is committed to strengthening European initiatives in the solar industry aimed at countering the predominance of Chinese producers, while imposing strict social and environmental standards and respecting the specific features of evolving French regulations.

 

“Through HoloSolis, we intend to create a collective dynamic, involving as many European prime contractors and subcontractors as possible, upstream and downstream of the photovoltaic industry, from silicon production to the supply of green electricity, via the design of machine tools and the manufacture of components used in photovoltaic panels. Bringing leading industry players on board HoloSolis is fully in line with this ambition: to bring together the best of European engineering, know-how and technology, in the service of energy sovereignty and transition”, concludes Jan Jacob Boom-Wichers.

 

With the arrival of new investors, all leading photovoltaic players, to open its fundraising, HoloSolis has further strengthened its position as a key player in the achievement of a fundamental objective of the European Green Pact: to triple installed solar capacity on the Old Continent between 2023 and 2030.