News: Photovoltaics
13 May 2025
Midsummer receives US$14.8m order for CIGS PV production line
Midsummer AB of Järfälla, near Stockholm, Sweden – a developer and manufacturer of flexible, lightweight copper indium gallium diselenide (CIGS) thin-film solar cells and roofs for building-integrated photovoltaics (BIPV) as well as equipment for their production – has received an order worth SEK143.5m (€13.1m; US$14.8m) from a Swedish industrial and defense group for a turnkey production line for the manufacturing of thin-film solar cells.
With an annual capacity of 15MW, this is the first stage of a factory for the production of thin-film solar cells in a non-European country with the intention of adding capacity at a later stage. The bulk of the order value is expected to be recorded as income in 2025.
Midsummer has previously expressed ambitions to sell entire scalable turnkey solar cell ‘mega factories’ with annual capacities of up to 200MW to players in several different countries.
“We see a very large potential to provide turnkey production lines and solar cell factories to customers who wish to quickly implement a green energy transition and electrify their respective markets, who see a value in local production of the world’s most environmentally friendly solar cells that can also be installed on the many roofs around the world that are too weak for silicon panels,” says CEO Eric Jaremalm.
“Our technology is proven and we can establish complete factories in a short time, provide all equipment, manage the entire project, and also assist in subsequent ongoing operation, service and sales of produced panels,” he adds.
Midsummer participating in Australian project to reach 30% efficiency in tandem solar cells
Midsummer receives €6.4m grant as first instalment of €22m from Invitalia