A consortium comprising China and Malaysia-based companies has invested USD1.5 billion to build a solar panel production plant in Bintulu, Malaysia. The consortium includes Haitai Solar, China Machinery Engineering Corp (CMEC), Adam Digital Assets Sdn Bhd and Solar Pulse Sdn Bhd.
Works on the low carbon silicon-based materials plant is expected to commence in 2025. The plant is scheduled to come online by 2026.