HOUSTON, May 15, 2024
/PRNewswire/ -- On May 15th, SEG Solar ("SEG"), a leading U.S.
producer of photovoltaic (PV) modules, and Kawasan Industri Terpadu
Batang (Grand Batang City), the largest SOE industrial estate in
Indonesia, held a signing ceremony
to execute a Land Utilization Agreement for the development and
operation of a photovoltaic industrial park in the Batang Regency,
Java, Indonesia. The park is
anticipated to include factories for the production and assembly of
silicon ingots, wafers, cells, and modules and is set to become
Southeast Asia's largest
photovoltaic industrial park to date. SEG's Founder and COO,
Jun Zhuge, and Ngurah Wirawan, President Director of Grand
Batang City, attended the ceremony.
Located within Grand Batang City, in Central Java Province, Indonesia, the SEG Indonesia PV industrial
park project will have an investment exceeding $500 million USD and will cover over 40 hectares.
The overall plan for the park includes a vertical integration
capacity of 5GW for silicon wafers, 5GW for solar cells, and 5GW
for modules. Pursuant to the first phase of the project, SEG will
construct facilities with a production capacity of 5GW for solar
cells and 3GW for modules, with an expected completion date in Q2
2025.
The cells produced at this park will supply SEG's global module
factory, ensuring the traceability of the supply chain and
guaranteeing the reliability and stability of core material supply
for modules.
"Integrated layout across the entire industry chain is crucial
for SEG to adhere to legally compliant supply chain standards.
Through upstream and downstream coordination, SEG ensures the
provision of clean, traceable green products for the markets in
the United States, Europe, and Indonesia, thereby facilitating the global
transition towards green, low-carbon energy." said Jun Zhuge, Founder and COO of SEG.
The SEG Indonesia PV industrial park is expected to create over
3,000 job opportunities, providing more employment prospects and
economic vitality for the local community.
About SEG Solar
Founded in 2016, SEG is a leading vertically integrated PV
manufacturer headquartered in Houston,
Texas, U.S., and is dedicated to delivering reliable and
cost-effective solar modules to the utility, commercial and
residential markets. By the end of 2023, SEG has shipped over 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
devoted as National Strategic Project. Located on 4,300 Ha area in
Central Java, Indonesia, Grand
Batang City offers highly competitive industrial land in
Southeast Asia. The estate
consists of industries, housing, retails & commercial areas and
is going to be fully operational by the end of 2024.
CONTACT: info@segsolar.com
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SOURCE SEG Solar