13 December 2012 10:00 [Source: ICIS news]
SINGAPORE (ICIS)--Japan’s Panasonic Corp said on Thursday it has started production at its newly-built solar module manufacturing facility in Malaysia.
The 300-megawatt (MW) facility is located at Kulim Hi-Tech Park in Kedah state, the company said in a statement.
“This new production facility will help Panasonic meet robust solar demand in Japan while further enhancing cost competitiveness,” Panasonic said.
The Malaysian facility is Panasonic’s first fully-integrated solar manufacturing base that produces from wafers to solar cells and modules, it said.
“The new Malaysian factory will boost the company's total solar module producing capacity by 50% to 900 MW,” the company said.
Panasonic has two solar cell plants in Japan and has three module assembly bases - two in Japan and one in Hungary. The company also has an annual production capacity of 600MW each of solar cells.
Financial details of the investment were not provided.
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