Chinese solar panel makers close plants, scale
With higher scrutiny over the ownership of companies exporting solar panels to the US, and potential higher tariffs by Mr Trump,
Most of these solar panels are manufactured for export to the US, with Malaysia's installed solar capacity at only 4.2GW. From January to September 2024, Malaysia, which is a major hub for solar panel manufacturing in South-east Asia, exported nearly US$1.8 billion (S$2.4 billion) worth of solar panels. Swipe. Select. Stay informed.
The only Chinese company still making some solar panels in Malaysia is Longi, an industry giant. When it opened its third Malaysian factory on the outskirts of Kuala Lumpur in 2023, it heralded the opening as a “pivotal moment in Longi's global endeavors.” Its executives boasted of creating 900 jobs and promised to increase the openings to 2,000.
SolarWorld, based in Germany, has a production facility in Malaysia and is one of the leading solar panel manufacturers globally. SolarWorld is known for its premium quality solar panels that deliver high efficiency and reliability. Their products are often used in large-scale commercial and industrial solar projects. 16. S-Energy
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