JinkoSolar is setting up a solar cell and module manufacturing facility at Penang in Malaysia. It is the first overseas factory of the photovoltaics company.
The Malaysia factory of JinkoSolar will initially be producing modules of 450MW and 500MW. The unit will cost the company $100 million to establish.
According to the company the unit will employ high-efficiency multicrystalline technology, which is expected to be Passivated Emitter Rear Cell (PERC) based.
Kangping Chen, the CEO of JinkoSolar, said: “Malaysia continues to support the growth of renewable energy industry by leveraging its competitive cost environment, industrial capabilities, talent pool of engineers, and preferential tax policies. Our project is strongly supported by MIDA (Malaysian Industrial Development Authority) and the local government. We are looking forward to work closely with them to create local jobs and help further promote the development of solar industry in Malaysia.”
Malaysia has a well-established PV manufacturing supply chain owing to the increased presence of PV makers in the country. Comtec, Hanwha Q CELLS, Panasonic and First Solar are some of the players with manufacturing units in the country.
JinkoSolar expects the unit to become operational in May.
Ajith Kumar S
[email protected]