Panasonic to build new solar manufacturing base in Malaysia

Panasonic to build new solar manufacturing base in Malaysia

Panasonic Corporation has announced a new business plan to start a company in Malaysia that will serve as Panasonic’s new solar manufacturing base. 

The new company will have the name Panasonic Energy Malaysia Sdn. Bhd. and will be set up in December 2011. The company will operate a vertically-integrated solar manufacturing facility and the main production of the new business venture will range from wafers to cells and modules.

The new business venture will cost Panasonic 45 billion yen. The company is expected to start operating in December 2012 with an annual production capacity of 300 MW.

This move comes in time with environmental awareness increasing globally and introduction of subsidy systems and Feed-in Tariff schemes in Japan as well as other countries. In addition the solar cell market is predicted to grow further with robust demand is expected especially in the residential sector, which is the main target of the Panasonic HIT (Heterojunction with Intrinsic Thin-layer) solar modules. The new factory, to be built in the Kulim Hi-Tech Park in Kedah, will not only help Panasonic meet this growing demand, but also strengthen the HIT module’s cost-competitiveness with the vertically-integrated production.

Source: Businesswire

Related posts

Zalman announces high-end CNPS14X CPU cooler

The Korean company Zalman, best known for its coolers, power supply units and cases, has announced its latest high-end CPU cooler – the CNPS14X. Highly efficient and very quiet the new company product has been designed for almost any modern CPU socket. The CNPS14X comes to us measuring...

Packard Bell upgrades EasyNote TS notebooks with AMD’s A-Series APUs

Packard Bell also has refreshed its EasyNote TS notebook with the new high-performance AMD's A-Series APUs (accelerated processing units). The new 15.6 inch models comes in Ebony Black, Garnet Red, Moonstone White and Sature Pink, and will be available on 26th June, starting at €499. The...

MSI details the 13.4-inch X370 laptop

Announced back in January, today MSI has revealed the full specs of its X370 notebook which is based on AMD’s new generation dual core E-350 processor and MSI’s own ECO Engine power-saving technology, allowing it to runs up to 10 hours per charge. The 13.4-inch laptop measures 324x227x22.8 mm...

Leave a comment