The Government of Malaysia has approved a USD10.1 billion investment plan by China-based Risen Energy Company Limited to build a mega factory for the production of photovoltaic (PV) cells and modules. The Chinese solar module producer has secured a manufacturer’s licence under the country’s national economic recovery plan, enabling it to design, develop and produce PV cells and modules through its local arm Risen Solar Technology Sdn Bhd. Its proposed 15-year investment plan covers the period 2021-2035.
The new facility will be installed within the Kulim Hi-tech industrial park in Kulim District, in the northwestern state of Kedah. It is set to reach 3 GW of annual production capacity in the first five years, with commercial operations to be launched in the first quarter of 2022. Risen Energy’s plan also envisages collaboration with local universities for research and development (R&D) purposes.