Thursday, 6 October 2016

China's JA Solar to Invest RM400 million In Malaysia

Tier one solar player JA Solar is cranking up its production capacity outside of China, with news of a further expansion at its Bayan Lepas production facility.

It is just one year since the facility opened in Bayan Lepas on the island of Penang, Malaysia, and already JA Solar has launched its second phase expansion. The company will invest RM 400 million (USD 48 million) in the expansion, which will see the creation of 200 jobs at the plant.

Most notably, the investment will be used to significantly increase the manufacturing output capacity from 400 MW per annum to 1,000 MW per annum.

Among the listed firm's here Teck Seng is a BIG solar player.