It did not disclose additional details about its plans to automate and ramp up output over the next three years at its factories in Singapore, where it is based.
As it expands production of its TwinPeak solar panels, the company aims to develop a new, more cost-effective PV module in cooperation with SERIS.
The SERIS tie-up is broadly aligned with the objectives of the Singaporean government’s Research Innovation Enterprise (RIE) 2020 Plan, the company said in an emailed statement.
