Solar

Malaysia to Gain First Solar’s 100 MW Manufacturing Plant

The Malaysian government — in response to First Solar’s plan to expand production by building a solar module manufacturing plant with an expected minimum annual capacity of 100 megawatts (MW) — is providing a 15-year income tax holiday as an incentive for the $150M investment in Malaysia.

“The Government welcomes First Solar’s investment as it is the first project to manufacture solar modules in Malaysia,” said Y.Bhg. Datuk R. Karunakaran, Director General, Malaysian Industrial Development Authority. “This investment brings to Malaysia the latest technology in the solar energy sector.” To be located in Kulim Hi Tech Park in Kedah, Malaysia, the manufacturing site can accommodate future expansion and, when fully ramped, will employ approximately 500 people. Plant construction is scheduled to begin in April 2007 and conclude late in 2007, with production planned to begin in the second half of 2008. “Our expansion in Malaysia is enabled by the continued strong demand we are experiencing for our solar modules,” stated Michael Ahearn, CEO of First Solar, which currently operates a manufacturing plant in Ohio with 75 MW nameplate capacity, and a plant in Germany with 100 MW nameplate capacity is nearing completion.