InnoEnergy Secures €200M from Spain for Sunwafe Solar Project
InnoEnergy is proud to announce that the Spanish government has awarded a €200 million grant to Sunwafe, an InnoEnergy-led project focused on manufacturing silicon ingots and wafers.
The funding will support the construction of a state-of-the-art facility dedicated to producing silicon wafers – a critical component in the solar photovoltaic (PV) value chain.
This grant positions Sunwafe as one of Spain’s flagship initiatives in solar energy, reindustrialization, and strategic autonomy within the European solar PV value chain. Under the Strategic Project for Economic Recovery and Transformation of the Value Chain (PERTE Cadena de Valor) managed by the Spanish Government’s Institute for the Diversification and Saving of Energy (IDAE), Spain aims to strengthen its industrial ecosystem by supporting the development of essential equipment and components for the transition to a net-zero emissions economy. This initiative, part of the Recovery, Transformation and Resilience Plan (PRTR) and financed by the European Union through the Next Generation EU funds, has an initial endowment of €750 million and seeks to foster new technological and industrial capabilities, ensure energy security, boost competitiveness, and contribute to the decarbonization of industry in Spain. Of all the projects submitted across the different categories of the call, which closed last November, 34 were selected, with total funding awarded amounting to €300 million – of which €200 million (67% of the total aid) was granted to the Sunwafe project.
The Sunwafe facility located in Asturias, north of Spain, will manufacture 20 GW worth of silicon wafers annually, equivalent to 2.5 billion units, using best-in-class and highly sustainable processes. This output alone represents 50% of the wafer production target set by the EU’s Net Zero Industry Act (NZIA) for 2030.
Currently, Europe has no domestic wafer manufacturing capacity, making this project a critical piece in the continent’s efforts to secure a competitive and independent solar supply chain.
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