Solar Foods announces an investment plan for Europe’s single largest emission reduction moonshot project

The Finnish food technology company Solar Foods announced an investment plan that could lead to the largest emission reduction project in Europe. This plan includes the development of Factory 02 with an annual capacity of 12,800 tonnes and explores the construction of two additional facilities (Factories 03 and 04) on the same site, located in Lappeenranta, Eastern Finland. Once operational, the three factories could produce 50,000 tonnes of Solein annually, which could contribute to a greenhouse gas emission reduction of approximately 10 million tonnes CO2 equivalent per year. The investment decision is expected to be made during 2026.