China’s LONGi invests RM1.8b to build plant in Serendah

📆 10/17/2023 2:08 PM
📰 theSundaily

⏱ Reading Time:
26 sec. here
2 min. at publisher
📊 Quality Score:
News: 14%
Publisher: 51%

Energy Energy Headlines News

Energy Energy Latest News,Energy Energy Headlines

SERENDAH: LONGi Green Energy Technology Co Ltd, China’s largest listed solar panel manufacturer, is investing RM1.8 billion to build its Serendah Modu...

Bahria at the launch of LONGi’s Serendah Module Plant. Also present are Selangor Exco for Investment, Trade and Mobility Ng Sze Han and LONGi Malaysia Sdn Bhd deputy president Li Wenxue .

The Chinese company provided three reasons for choosing to invest in Malaysia. First is that Malaysia offers access to talent because the population speaks different languages – including Malay, English and Chinese; second is the availability of natural resources, particularly hydro resources; and third is the support provided by Malaysian government policies.

Tengku Zafrul highlighted the global photovoltaic market’s potential, with estimates pointing to a 29% annual growth rate.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China’s Longi invests RM1.8 bln to build photovoltaic plants in SerendahRAWANG: China’s Longi Green Energy Technology Co has invested RM1.8 billion to build three factories in Serendah to manufacture photovoltaic products,...
Source: theSundaily - 🏆 25. / 51 Read more »