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Plans for Europe’s largest-ever PV cell and module factory are taking shape, with equipment orders placed and a projected start date in mid-2024. Enel Green Power has received €118 million ($116.36 million) in funding from the EU Innovation Fund to support the project, out of a total €600 million investment. The EU is hoping it will catalyze further investment in similar projects, and start a high-tech comeback for European solar manufacturing.