SEG Solar has secured a land use settlement for a photo voltaic manufacturing web site targeted on an industrial zone on the Indonesian island of Java. The $500 million plan will embody the manufacturing of 5 GW of silicon wafers, 5 GW of photo voltaic cells, and 5 GW of PV modules.
SEG Solar, a US photo voltaic panel maker, has signed a land-utilization settlement with Kawasan Industri Terpadu Batang (Grand Batang City), the most important industrial property operated by a state-owned enterprise in Indonesia.
The deal is a part of a $500 million plan to fabricate silicon ingots, wafers, cells, and photo voltaic panels. The vertically built-in mission will embody 5 GW of silicon wafers, 5 GW of photo voltaic cells, and 5 GW of PV modules. In the primary part, SEG will construct factories for five GW of photo voltaic cells and three GW of photo voltaic panels, with plans to complete the mission within the second quarter of 2025.
“The built-in structure of the complete business chain is important for SEG to stick to the authorized compliance of provide chain requirements,” stated SEG Chief Operating Officer Jun Zhuge in a press launch. “Through upstream and downstream coordination, SEG ensures the availability of fresh, traceable inexperienced merchandise for the markets of the United States, Europe, and Indonesia.
The space of Batang Regency, Java, spans over 40 hectares. It would be the largest PV industrial park in Southeast Asia, in line with SEG Solar. The Texas-based firm claims the economic park will create greater than 3,000 jobs.
SEG Solar stated it would use the cells for its world module manufacturing facility, which it claims will make its provide chain extra traceable, whereas guaranteeing it has a secure provide of core supplies.
In February, SEG Solar unveiled new PV modules primarily based on n-type tunnel oxide passivated contact (TOPcon) know-how.
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