Midsummer secures €22 million grant from Invitalia for thin-film solar cell factory in Modugno, Bari
Type: Financing · Technology: Solar · Country: Italy · Value: EUR 22M · Announced: 2026-09-02
Swedish thin-film solar manufacturer Midsummer AB secured a €22 million grant from Italy's Invitalia to establish what it claims will be Europe's largest thin-film CIGS solar cell factory in Modugno, near Bari. The facility, announced in March 2025, marks Midsummer's strategic expansion into Italy following the 'Key Energy' trade fair in Rimini, which served as the commercial launch platform for its Italian market entry. The project received government support through Invitalia's incentives program, positioning Modugno as a key production hub for CIGS technology in Southern Europe. Midsummer's CEO for Italy, Jarno Montella, confirmed that operations in Bari are proceeding as planned, with a focus on R&D optimization to enhance module efficiency. The investment underscores Italy's push to localize solar manufacturing amid global supply chain shifts.
Counterparties
📈 The Sherpa Signal — one notable infrastructure deal a day.