SEG Solar and Grand Batang City plan to develop a $500 million, 5GW PV industrial park in Southeast Asia.
SEG Solar (SEG), a leading manufacturer of photovoltaic (PV) modules in the United States, has entered into a Land Utilization Agreement with Kawasan Industri Terpadu Batang (Grand Batang City), the largest state-owned enterprise (SOE) industrial estate in Indonesia, to develop a photovoltaic industrial park in Batang Regency, Java.
The agreement was formalized in the presence of SEG’s Founder and COO, Jun Zhuge, and Ngurah Wirawan, President Director of Grand Batang City.
The upcoming SEG Indonesia PV industrial park, situated in Grand Batang City, Central Java Province, is set to become the largest photovoltaic industrial park in Southeast Asia.
With an investment exceeding $500 million USD and covering over 40 hectares, the park will include manufacturing facilities for silicon ingots, wafers, cells, and modules, boasting a total vertical integration capacity of 5GW each for silicon wafers, solar cells, and modules.
In the initial phase, SEG plans to construct facilities capable of producing 5GW of solar cells and 3GW of modules, with an expected completion date in Q2 2025.
These facilities are designed to guarantee the traceability and consistency of essential material supplies for SEG’s worldwide module factory, thereby improving the dependability of their supply chain.
Jun Zhuge stressed the significance of a unified industry chain to uphold legally compliant supply standards, ensuring the delivery of environmentally friendly, traceable products for markets in the United States, Europe, and Indonesia.
The SEG Indonesia PV industrial park is expected to generate more than 3,000 employment opportunities, contributing to the growth of the local economy.
This initiative demonstrates SEG’s dedication to promoting the worldwide shift towards sustainable, environmentally-friendly energy.
Source SEG Solar
