Infineon Technologies AG has made significant progress in developing the construction of its state-of-the-art Smart Power Plant in Dresden,Germany.The recent issuance of the final building permit for the project by the Governor of Saxony,Michael Kreischer,marks the beginning of the crucial final construction phase.With production scheduled to start in 2026,this smart power plant is a strategic investment totalling€5 billion for state-of-the-art semiconductor manufacturing in Germany.

　　The completion of the excavation phase marks a key milestone,with groundwork underway.Infineon held the groundbreaking ceremony for the facility in May 2023 and the project remains firmly on track.The Smart Power Factory's manufacturing focus will be on semiconductor components that are critical to decarbonisation and digitisation efforts.

　　This ambitious endeavour fits perfectly with wider European objectives,in particular the European Commission's aim to increase the EU's share of semiconductor production to 20 per cent by 2030.Infineon's investment underlines its commitment to strengthening the security of Europe's supply chain,protecting key industries and fostering technological progress.

　　"The construction of the smart power plant is an important milestone for Dresden,Saxony,Germany and Europe,"emphasised Saxony's Governor Michael Kreacher."Infineon's commitment to expanding its manufacturing capabilities in Dresden is a testament to the importance of the region in the field of microelectronics.Through collaborative efforts between stakeholders,we have accelerated the necessary procedures to ensure that this important investment is realised in a timely manner."

　　Dr Ratgel Weiburger,Member of the Board of Management and COO of Infineon,emphasised the seamless progress achieved through effective cooperation with the regulatory authorities."Our unwavering commitment to investing in Dresden reinforces our long-term commitment to the region and strengthens semiconductor manufacturing within Europe,"Dr Weiburger emphasised.

　　The impressive scale of the construction work,averaging 8,000 tonnes of excavation per day and a total of 450,000 cubic metres of soil,required careful planning and execution.Notably,the project's infrastructure includes provisions to mitigate environmental impact and ensure optimal operating conditions for semiconductor production.

　　In addition,the Smart Power Plant reflects Infineon's commitment to sustainability with stringent measures aimed at achieving CO2 neutrality by 2030.The facility is designed to set new standards in resource efficiency,significantly reducing energy and water consumption and thus its carbon footprint.

　　In addition to its technological and environmental contributions,the Smart Power Plant has been a catalyst for economic growth,creating 1,000 new jobs in Dresden.