Neo Solar Power has revealed Malaysia as the location of its new Southeast Asian cell manufacturing, as first reported by pv magazine last month.
Earlier this week DigiTimes reported that NSP is planning 500 MW of annual cell capacity in both China and Malaysia, while expanding production overall to 2.5 GW. The company has since revealed to pv magazine that instead of ordering new cell lines, that it will transfer some of its existing cell capacity to Malaysia and China.
Under the first phase of its relocation to Malaysia, Neo Solar Power plans to have 70 MW of PV cell capacity ready for production during the first quarter of 2016. The company also says that it will move 160 MW of its cell capacity from Wujian, China to Nanchang, and expects to have these lines back in production during Q2.
When asked about future module capacity, Neo Solar Power replied that it will not rule out future module manufacturing in either China or Southeast Asia.
By moving to Southeast Asia, Neo Solar Power is following the lead of other Taiwanese and Chinese cell producers such as Gintech and JA Solar. An October report by GTM Research found that Thailand and Malaysia were both leading destinations for the new manufacturing capacities announced in 2015 to date.
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