Connect with us

Hi, what are you looking for?


Clean Power

JinkoSolar Announces 500 MW Solar PV Panel Production Plant In Malaysia

Leading Chinese solar photovoltaic module and cell manufacturer JinkoSolar Holdings has announced plans to set up a new production facility in Malaysia.

JinkoSolar will set up 500 MW of solar PV module and 450 MW cell manufacturing unit in Penang, Malaysia, the company announced recently. An estimated $100 million will be invested towards this facility which is expected to be operational by May this year. The company has signed a tenancy agreement with Nationgate Technology (M) Sdn. Bhd. for the workshops in which the production line is going to be built.

Over the last few months several solar PV module manufacturers have shifted their production facilities to Malaysia. Earlier this year, Hanwha Q Cells announced job cuts at its German production units and shifting of the manufacturing base from Europe to Malaysia.

Malaysia’s Sustainable Energy Development Authority (SEDA) has set a target to have 5% of electricity generated from renewable energy sources by 2015. The authority has also set long-term targets which would see 24% of all the electricity generated in the country from renewable energy sources by 2050. Solar power is expected to the most dominant renewable energy technology in the country’s future energy mix.

As per the feed-in tariff regulations of 2011, small-scale solar power projects are eligible for tariff of up to $0.34 per kWh while larger projects with capacity of over 1 MW are eligible to receive $0.23-0.26 per kWh.

Not only does Malaysia represents an excellent market opportunity for solar PV power projects, both small as well as utility-scale projects, it also allows module manufacturers to bypass the anti-dumping duties levied by Europe and the US.

Earlier this week, JinkoSolar also announced a finance leasing deal with China Development Bank Leasing Limited to develop 1 GW of solar PV capacity over the next 5 years.

Appreciate CleanTechnica’s originality? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Written By

Mridul currently works as Head-News & Data at Climate Connect Limited, a market research and analytics firm in the renewable energy and carbon markets domain. He earned his Master’s in Technology degree from The Energy & Resources Institute in Renewable Energy Engineering and Management. He also has a bachelor’s degree in Environmental Engineering. Mridul has a keen interest in renewable energy sector in India and emerging carbon markets like China and Australia.


You May Also Like

Clean Power

SEIA estimates the proposed 50-250% duties would cause 18 GW of lost solar deployment, equivalent to all U.S. solar capacity installed prior to 2015

Autonomous Vehicles

Welcome to China × Cleantech — January 2021 edition. Our China x Cleantech series covers top cleantech stories in China each month. Happy 牛 Year! I...


There are many things in the cleantech world that are inspiring and fun, but there's perhaps nothing that quickly inspires more joy than seeing...

Clean Power

JinkoSolar, one of the largest solar module producers in the world, is ramping up its solar cell production tremendously. It is building a 20...

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.