Tue. Aug 9th, 2022

Research indicates that within the next thirty years, the world’s energy system might be totally sustainable. Lessening energy consumption and lowering costs are possible with more regional connectivity of solar, wind, and hydropower. The change might not take place soon enough to meet the 1.5° Paris global warming objective if policymakers, corporations, and other groups are not supportive. Commercial enterprises and governmental organizations have adopted renewable energy as a result. Solarvest is the most recent organization to do this.

First Solar will offer Solarvest Holdings Berhad, a South-East Asian turnkey engineering, procurement, construction, and commissioning (EPCC) service provider, with 93 MW of cutting-edge thin-film photovoltaic (PV) solar panels for 4 projects under Malaysia’s Large Scale Solar Program (LSS).

From August to November 2022, deliveries will be made. For projects located in Malaysia’s Selangor, Perak, and Kedah states, Solarvest will utilize First Solar Series 6 modules. The production plant in Kulim, Malaysia, where First Solar is based, is anticipated to supply 75 MW of the overall order. Solarvest was established in 2012 and has installed about 400 MW of solar energy systems throughout Malaysia.

The usage of these cutting-edge solar panels, according to Davis Chong, who is the group CEO (chief executive officer) and executive director of Solarvest, will highlight the benefit that their engineering technologies bring in regard to maximizing energy production. ” The competitiveness of the initiatives will undoubtedly be improved by this combination. Moreover, given the current uncertainty in the worldwide supply chain, this is also a component of our goal to reduce concentration risk with respect to the procurement procedures. As Solarvest continues to grow, the sourcing diversification encourages more stability.”

With its cutting-edge thin-film PV modules, which it designs and develops at its research and development (R&D) facilities in California and Ohio, First Solar hopes to raise the bar for the industry in terms of performance in terms of design, quality, dependability, durability, and the environment. According to the manufacturer, these modules offer the smallest life-cycle carbon footprint, quickest energy payback period, and lowest water footprint in the market.

“First Solar has a long history in Malaysia, and we’re happy that our module technology will assist the country to achieve its sustainable energy ambitions,” stated Adam Smith, global business development vice president at First Solar. “This agreement demonstrates our dedication to deploying our high-performance, eco-efficient module technology on a large scale in Malaysia.”

In Penang, First Solar now has a 3.3 MW DC manufacturing facility. The company has been present in Malaysia since 2007. First Solar runs facilities in the United States and Vietnam, where it is now constructing a third factory, in addition to its Malaysian production facilities. An additional new 3.3 GW facility is being built by the business in India. The company expects that by 2024, its nameplate production capabilities will have doubled to 16 GW thanks to First Solar’s development in the US and India and the optimization of its current fleet.

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