GEORGE TOWN: Malaysia, a key exporter of photovoltaic (PV) cells and modules, is well positioned to benefit from the spillover effects of growing solar power usage worldwide, which is expected to see growth of between 12% and 20% over the next five years.
Malaysian Investment Development Authority (Mida) chief executive officer Datuk Azman Mahmud said between 2014 and 2018, Asia would see the installation of another 37 GW in PV capacity.
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