Yingli Solar Reenters Malaysian Market, Promising Sustainable Energy Solutions

Yingli Solar, a leader in photovoltaic power generation, rejoins the Malaysian solar market. Highlighting a completed 353 kWp rooftop installation, Yingli showcases its commitment to sustainable energy. Strategic partnerships and advanced technology underscore its plans to drive growth and support Malaysia's renewable energy goals, aiming for 70% by 2050.


Devdiscourse News Desk | Baoding | Updated: 05-08-2024 10:37 IST | Created: 05-08-2024 10:37 IST
Yingli Solar Reenters Malaysian Market, Promising Sustainable Energy Solutions
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Yingli Solar, a prominent name in photovoltaic power solutions, has made a significant return to the Malaysian solar market, positioning itself as a pioneering PV module manufacturer. This move signifies a renewed commitment to promoting sustainable energy throughout the region, underscored by the successful completion of a 353 kWp rooftop installation dedicated to commercial and industrial applications.

The project, implemented in collaboration with local partner Thua Heng Import Export Sdn Bhd, yields an impressive annual energy output of 511.923 MWh and offers a payback period of fewer than 2.5 years. Benefitting from the Green Investment Tax Allowance (GITA) by MIDA, the partnership underlines Yingli's commitment to maximizing return on investment and sustainability for its clients.

Supported by Plus Xnergy as the local engineering, procurement, and construction (EPC) provider, the collaboration highlights exemplary implementation standards. Yingli Solar's advanced PANDA N-type TOPCon 575W bifacial modules ensure high power generation, reliability, and cost-efficiency, positioning the company for continued strategic growth across Southeast Asia, particularly in Malaysia.

(With inputs from agencies.)

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