NSG has started the warmup of a newly converted transparent conductive oxide (TCO) glass facility in Malaysia.
An existing float line at the Johor Bahru factory of Malaysian Sheet Glass, a member of NSG Group, has been converted to begin producing TCO glass from December 2023.
The investment is to support the expansion strategy of First Solar, an American manufacturer of solar panels, which has a long-standing strategic partnership with NSG Group.
The float line will supply glass to First Solar’s Southeast Asia manufacturing footprint.
To meet the growing global demand for solar panels manufactured by First Solar, NSG Group started operation of the second dedicated float line for solar glass in Vietnam in January 2020, and a new plant in Luckey, Ohio, USA has been operating since November 2020.
The glass produced in these plants is exclusively supplied to First Solar.
The group is also considering expanding further capacity for solar energy glass in USA, to ensure it meets solar glass demand by First Solar.
NSG Group is promoting "Expansion of Value-added Business” as one of the measures listed in the medium-term management plan "Revival Plan 24 (RP24)".
The expansion of solar glass based on its proprietary online coating technology is part of this strategy.
It also aims to contribute to solving global environmental issues, including the promoting the shift of renewable energy.