JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), a global leader in the PV industry, today announced that its production facility in Penang, Malaysia has officially begun operations.
The production facility, which began construction in March 2015 and received TUV certification in late April, has begun to produce highly-efficient cells and multi-crystalline modules. Full production capacity of 500 MW of cells and 450 MW of modules per year is expected to be reached within two months.
"With the strong support of the local government and MIDA (Malaysian Industrial Development Authority), we were able to rapidly build and begin production in our new facility in Penang, Malaysia," commented Mr. Kangping Chen, Chief Executive Officer of JinkoSolar. "We have great confidence in the development of our new Malaysian production facility and the local business environment. With the facility's production capacity almost fully booked by downstream orders, we will ramp up to full capacity soon while actively explore new opportunities to expand current capacity in the future."
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