Panasonic to launch new solar manufacturing unit in Malaysia

24 November 2011 (Last Updated November 24th, 2011 18:30)

Panasonic Corporation has unveiled plans to establish a new solar manufacturing unit in Malaysia next month.

Panasonic Corporation has unveiled plans to establish a new solar manufacturing unit in Malaysia next month.

The new firm, under the name Panasonic Energy Malaysia, will manufacture solar wafers, cells and modules.

Panasonic will invest JYP45bn ($581m) in the facility, which will have an annual production capacity of 300MW.

The factory is scheduled to begin operations in December 2012.