Date: 29/11/2010

Panasonic to invest in Malaysia to manufacture solar wafers, cells and modules

Panasonic Corporation is establishing a manufacturing company in Malaysia to make Solar PV. Panasonic Energy Malaysia Sdn. Bhd., to be set up in December 2011, will operate a vertically integrated solar manufacturing facility producing wafers, cells, and modules. Panasonic to invest 45 billion yen in the facility, which will start operation in December 2012 with an annual production capacity of 300 MW.

Panasonic's Heterojunction with Intrinsic Thin-layer solar modules are expected to be made here.

Outline of the New CompanyCompany Name: Panasonic Energy Malaysia Sdn. Bhd.
Location:
Establishment: Kulim Hi-Tech Park, Kedah, Malaysia
December 2011 (production scheduled to start in December 2012)
Capital: 22.5 billion yen
Capital Subscription: Panasonic Asia Pacific Pte. Ltd. 100%
Outline of Business: Production of HIT solar modules
(integrated production of wafers, cells and modules)
Building Area:
Number of Employees: Approx. 70,000 m2
Approx. 1,500
Annual Production Capacity: 300MW