A worker installing solar panels onto the roof of a residential property. Seda estimated that some 4.1 million buildings in Malaysia could still accommodate solar panels. — Bloomberg
SHANGHAI: GCL System Integration Technology Co. plans to build the world’s biggest solar-panel manufacturing plant, with capacity to meet half of global demand.
The Chinese manufacturer plans to invest 18 billion yuan ($2.54 billion) to construct a facility in eastern Hefei province that will be able to produce 60 gigawatts of solar panels a year, GCL System said in a filing to the Shenzhen stock exchange on March 27. It didn’t provide a timeline.
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