Part 4/16:
Similarly, in Malaysia, the solar panel manufacturing industry suffers tangible setbacks. Major Chinese firms such as Jinko Solar and Longi Green Energy Energy had established large, technologically advanced factories in Penang, creating thousands of jobs and contributing significantly to local economies. However, recent closures and scaling back—driven by intense global competition, shifting tariffs, and Chinese technological advancements—pose existential threats to the industry. For example, Malaysia’s Jinko Solar factory, once a hub of innovation, is now shuttering its operations amid fierce international competition and policy changes.