The new 250,000sq ft Twin Creeks Malaysia Sdn Bhd (TCMSB) solar cell production facility is a joint venture between Twin Creeks Technologies and the Perak State Economic Development through its associate company, the Red Solar.
The TCMSB facility, which will be built in multiple phases, will have a production output of 100MW in Phase one with an expansion agreement to reach 500MW of crystalline silicon-based solar cell and panel capacity.
TCMSB facility expected to be in full production in 2012 will expand Twin Creeks’ production of proprietary PV technology to address the growing solar market in Malaysia and ASEAN (The Association of Southeast Asian Nations) countries and create jobs within the state of Perak.
Twin Creeks Technologies CEO Siva Sivaram said that over the long term, energy needs across the world are projected to increase – and renewable sources such as solar will play an important role in fulfilling those needs.
"The government of Malaysia recognizes the need to move away from purely fossil fuel based energy production and we are proud today to announce the groundbreaking of our first solar panel manufacturing facility in Malaysia," Sivaram said.
