SEG Solar signs land deal to make solar cells, wafers, modules in Indonesia

SEG Solar has secured a land-use agreement for a solar-focused manufacturing site in an industrial zone on the Indonesian island of Java. The $500 million plan will involve the production of 5 GW of silicon wafers, 5 GW of solar cells, and 5 GW of PV modules. SEG Solar, a US solar panel maker, has signed a land-utilization agreement with Kawasan Industri Terpadu Batang (Grand Batang City), the biggest industrial estate operated by a state-owned enterprise in Indonesia. The deal is part of a $500 million plan to make silicon ingots, wafers, cells, and solar panels. The vertically integrated project ...

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