Neo Solar Power has revealed Malaysia as the location of its new Southeast Asian cell manufacturing, as first reported by pv magazine last month.
Earlier this week DigiTimes reported that NSP is planning 500 MW of annual cell capacity in both China and Malaysia, while expanding production overall to 2.5 GW. The company has since revealed to pv magazine that instead of ordering new cell lines, that it will transfer some of its existing cell capacity to Malaysia and China.
Under the first phase of its relocation to Malaysia, Neo Solar Power plans to have 70 MW of PV cell capacity ready for production during the first quarter of 2016. The company also says that it will move 160 MW of its cell capacity from Wujian, China to Nanchang, and expects to have these lines back in production during Q2.
When asked about future module capacity, Neo Solar Power replied that it will not rule out future module manufacturing in either China or Southeast Asia.
By moving to Southeast Asia, Neo Solar Power is following the lead of other Taiwanese and Chinese cell producers such as Gintech and JA Solar. An October report by GTM Research found that Thailand and Malaysia were both leading destinations for the new manufacturing capacities announced in 2015 to date.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.