On September 1, Midsummer, a Swedish solar manufacturer, announced that it would suspend its plan to build a new solar cell factory in the central Swedish city of Flon and voluntarily abandon the approved 32.3 million euro EU Innovation Fund grant.
It is reported that the factory mainly focuses on flexible CIGS copper indium gallium selenide thin film batteries, which were originally planned to start trial production in 2026 and achieve full production in 2028. The first phase of the project is positioned as an integrated production line of batteries and modules , with a designed annual capacity of 200 MW , and the long-term goal is to expand the scale to more than 1 GW in 2030.
As for the reasons for the sudden suspension of the project, Midsummer explained that the financing plan of the company's factories had also been negatively affected by the failure to obtain financial subsidies from the Industriklivet (Industrial Leap) project of the Swedish Energy Agency. "Even with EU funding, it will cost hundreds of millions of kroner to build a new factory of this scale in Flen," and "we look forward to building a new factory in Sweden in the future when commercial and financial conditions permit.". After the

local expansion plan was blocked, the company was forced to adjust its long-term development strategy. Midsummer said that there is more room for capacity expansion outside Sweden, and that the co-construction model with external partners is more attractive than self-financing self-built factories.
According to reports, the company is now shifting its long-term production strategy to a light asset model based on collaboration with major industrial partners. According to this model, Midsummer will no longer hold and operate all factories, but provide equipment, raw materials and technology to cooperative enterprises around the world to achieve localized production of photovoltaic cells. "This development model with equipment sales as the core can not only obtain considerable income in the initial stage of the project, but also continue to generate revenue after the plant is put into operation.". According to
public information, Midsummer is a Swedish company focusing on CIGS flexible solar thin film technology development services and photovoltaic power plant project construction, which was founded in 2004.
At present, the company has a battery module production capacity of 2MW/year in Sweden, mainly undertaking R & D and small batch trial production tasks; The wholly owned plant in Bari, Italy is the only large-scale production base at present, with a design capacity of 50 MW/year , which is mainly used to supply the European Union, North America and South America markets.
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