In less than a few years, Malaysia has become home of the leading manufacturers of Solar PVs around the globe. Major solar PV companies in the country are considered as the makers of high quality solar products, making the industry as a main growth area for Malaysia’s economy.
Solar PV Manufacturers in Malaysia
Malaysia has emerged as one of the major “hubs” of the largest solar PV manufacturers in the world. With the country’s sophisticated Feed in Tariff Scheme, excellent tax breaks, fair regulation, supportive banking loans, competitive labor costs, and excellent infrastructure and facility, the Malaysian government has been very successful in achieving its goal to optimize the solar PV market in the country.
Several solar companies in the country are: First Solar, which is a provider of comprehensive PV solar energy solutions that maximizes value and mitigate risks for clients, located at Kedah Darul Aman; Q-Cells, which first started as a solar cell manufacturer that eventually turned into one of the leaders in PV enterprise; AU Optronics and SunPower, which has begun the construction of a new solar PV manufacturing facility (which will be completed this year, 2013) located at Melaka.
The Japanese electronic giant, Panasonic Corporation, is Malaysia’s latest investor and has established a company in the country that will serve as its new solar manufacturing base. Panasonic Energy Malaysia Sdn. Bhd. operates a solar production facility at Kedah, producing Panasonic Heterojunction with Intrinsic Thin-Layer (HIT) solar PV modules, solar wafers, and solar cells.
IRM Group Bhd., which has acquired IRM Solar Sdn. Bhd., also ventured into renewable energy industry. The company has been granted the FiT Approval by SEDA Malaysia to generate 4MW of electric power, which will commence on the 2nd of August 2013 (for a 16-year period),
The San Jose based solar company, Twin Creeks, has also invested in the construction of high-power solar cell plant in the country, particularly in Ipoh, at the Kanthan Industrial Area. The project costs about RM1 billion, which are built by Twin Creeks Malaysia Sdn. Bhd., and generates around 100MW of electricity; after which, power production is increased to 500MW by year 2014.
Finding the most efficient solar panel is very important when planning to invest in solar PVs. This is to ensure that you’re getting a product that will not just meet your needs, but will also last for a long period of time, thus, guarantees ROI on your part.