SEG Solar plans USD500 million solar complex in Central Java

United States-based SEG Solar plans to invest USD500 million to develop a multi-scale solar complex in Central Java, Indonesia.

The complex will feature a 5 GW solar cell production facility and a 3 GW solar module manufacturing factory. Works will be executed in partnership with ATW Group and is scheduled to be completed in the second quarter of 2024. In line with this, SEG Solar has signed a binding deal with PT Kawasan Industri Terpadu Batang (KITB) for the lease of 41 hectares of land in the Batang Regency. The agreement is for a term of 80 years.