Myanmar has approved a significant investment for a solar panel manufacturing project in Mandalay, aiming to enhance the country’s renewable energy infrastructure and local production capabilities. Myanmar has approved a new investment aimed at boosting its renewable energy infrastructure.
The Myanmar Investment Commission approved a solar panel manufacturing project in Mandalay, which will be developed by Thailand’s Mono Sun Co., Ltd. The project will be based at the Myotha Industrial Park. The solar panel manufacturing facility will have the capacity to produce 600,000 units annually.
Myanmar’s abundant solar resources make it an ideal location for solar energy projects. For more insights on the country’s solar ambitions, visit Myanmar Solar Panel Manufacturing. In recent years, the government has introduced several policies to encourage the development of renewable energy.
On the occasion, Secretary of the State Administration Council Lt-Gen Aung Lin Dwe said as Myanmar is rich in renewable energy sources such as hydropower, solar and wind power, it will make full use of the advantages provided by the nature and build solar power plants.
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