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Title: Sungold Indonesia Factory on the Verge of Production, Another Milestone in Global Expansion

Muka Kuning-Batam, JI. Ahmed Yani, Indonesia, 8th Nov 2024 - Leading solar panel manufacturer Sungold announces that its new factory in Indonesia is set to complete its renovation and commence production on December 1, 2024. This strategic move signifies a significant step in Sungold Solar's global expansion journey, further solidifying its position as a leader in the solar manufacturing industry.Sungold Solar's Marketing Manager, Li, stated, “The establishment of our Indonesia factory will provide our global customers with more favorable tax policies, thereby offering more competitive pricing. Our dedicated production and R&D team will ensure that our products maintain our high quality.”Sungold plans to carry out full-line production operations at its Indonesia factory, including core products such as flexible solar panels, rigid solar panels, and portbale solar panels. This will significantly enhance the company's production capacity and efficiency, accelerating its response to market demands. Additionally, the establishment of the Indonesia factory is expected to boost local employment and economic development, reduce carbon footprints, and enhance the brand's local influence.Sungold Solar's Chairman, Mr. Lu, personally visited Indonesia at the beginning of the factory renovation to oversee the installation of equipment and the renovation work. He emphasized, "We are confident that using Indonesia as a strategic fulcrum will leverage the Southeast Asian and global markets, bringing more development opportunities for Sungold Solar and strengthening our foundation in the solar manufacturing industry."The establishment of the Sungold Indonesia factory will strongly support Sungold Solar's expansion in the global photovoltaic module market, meeting the growing market...

This press release is issued by King Newswire