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.
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