Bangladeshi firm exports solar panels to Malaysia

Greenfinity Energy Ltd of Bangladesh has exported the non-traditional high-tech solar panel to Malaysia in a limited scale.

Greenfinity said it has exported customized mono-crystalline solar panel worth about US$ 0.1 million, the first consignment in the first week of March 2012, followed by a few small consignments.

This is the first ever export of the item by any local manufacturer in the country.

Sources said they are expecting more supply orders from Malaysia as the country uses solar energy in cars, street lights, lab research, close circuit camera, residential buildings, surveillance schemes and many others.

The existing production of the country's six manufacturing plants of solar panel of different sizes and capacity ranges 160 megawatt to 170 megawatt while the total consumption stands at nearly 70 megawatt, sources said.

Golam Baki Masud, managing director of Greenfinity Energy Ltd, told the said that his company is also expecting supply orders from Middle East countries like Saudi Arabia and Kuwait and Myanmar.

He said that Malaysia produces good quality solar panel but the companies in the country find Bangladeshi products cost-effective and of good quality.

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