(Information sent by the signatory company)
– SEG Solar and Grand Batang City sign land use agreement for Southeast Asia’s largest photovoltaic industrial park
HOUSTON, May 15, 2024 /PRNewswire/ — On May 15, SEG Solar (“SEG”), a leading US producer of photovoltaic (PV) modules, and Kawasan Industri Terpadu Batang (Grand Batang City), the industrial estate of Indonesia’s largest state-owned enterprises, held a signing ceremony to execute a Land Utilization Agreement for the development and operation of a photovoltaic industrial park in Batang Regency, Java, Indonesia. The park is expected to include factories for the production and assembly of silicon ingots, wafers, cells and modules and will become the largest photovoltaic industrial park in Southeast Asia to date. SEG Founder and COO Jun Zhuge and Ngurah Wirawan, President Director of Grand Batang City, attended the ceremony.
Located in the city of Grand Batang, in the province of Central Java, Indonesia, the SEG Indonesia photovoltaic industrial park project will have an investment of more than 500 million dollars and will cover more than 40 hectares. The overall plan for the park includes a vertical integration capacity of 5 GW for silicon wafers, 5 GW for solar cells and 5 GW for modules. Under the first phase of the project, SEG will build facilities with a production capacity of 5 GW for solar cells and 3 GW for modules, with a planned completion date in the second quarter of 2025.
The cells produced in this park will supply SEG’s global module factory, ensuring the traceability of the supply chain and guaranteeing the reliability and stability of the core material supply for the modules.
“Integrated design across the entire industrial chain is crucial for SEG to meet law-compliant supply chain standards. Through upstream and downstream coordination, SEG ensures the supply of clean and traceable green products to consumers. markets in the United States, Europe and Indonesia, thus facilitating the global transition towards green and low-carbon energy,” said Jun Zhuge, founder and chief operating officer of SEG.
The SEG Indonesia photovoltaic industrial park is expected to create more than 3,000 employment opportunities, providing more employment prospects and economic vitality for the local community.
About SEG Solar
Founded in 2016, SEG is a leading vertically integrated photovoltaic manufacturer headquartered in Houston, Texas, United States, dedicated to providing reliable and cost-effective solar modules for the utility, commercial and residential markets. By the end of 2023, SEG has shipped more than 5 GW of solar modules worldwide. The company is expected to exceed a production capacity of 5.5 GW by the end of 2024.
About Grand Batang City
Grand Batang City is the largest state-owned enterprise industrial estate supported by the Indonesian government and is dedicated as a National Strategic Project. Located in an area of 4,300 hectares in Central Java, Indonesia, Grand Batang City offers highly competitive industrial land in Southeast Asia. The estate consists of industries, homes, businesses and commercial areas and will be fully operational by the end of 2024.
CONTACT: info@segsolar.com
Photo – https://mma.prnewswire.com/media/2412140…
Logo – https://mma.prnewswire.com/media/2412141…
View original content: https://www.prnewswire.com/news-releases/seg-solar-y-grand-batang-city-desarrollaran-el-parque-industrial-fotovoltaico-mas-grande-del-sudeste-asiatico-302146217.html