SEG Solar, a vertically-integrated photovoltaics (PV) manufacturer based in Texas, has finalized a land utilization agreement for a site in Indonesia, paving the way for the development of a multi-gigawatt-scale manufacturing complex dedicated to solar equipment production.
The agreement, inked with Kawasan Industri Terpadu Batang, the largest state-owned industrial estate in Indonesia, will facilitate the construction of an industrial PV production complex valued at over USD 500 million (EUR 461.7 million), SEG Solar announced on Wednesday.
The manufacturing complex, envisioned by the US firm, aims to establish a production capacity of 5 gigawatts (GW) each for silicon wafers, solar cells, and modules. Situated in the Batang Regency of Central Java province, the facility will span a total area of 40 hectares (98.8 acres), positioning it as the largest of its kind in Southeast Asia.
In its initial phase, SEG Solar plans to install manufacturing facilities with an annual output of 5 GW for solar cells and 3 GW for modules. Operations are projected to commence in the second quarter of the following year.
The ambitious project is expected to create over 3,000 employment opportunities as it progresses.
SEG Solar, which is also eyeing the construction of a 2-GW factory in Houston, Texas, aims to bolster its global panel production capacity to more than 5.5 GW by 2024, solidifying its commitment to advancing solar technology on a global scale.
