Wants to meet growing demand
Sanyo
plans to build a new solar cell plant in Japan, as it aims to double its
production of the technology to meet growing demand for clean energy.
The
outfit hopes that he demand for clean green energy will buck the recession. The
plant, will be built in Osaka prefecture in western Japan, is scheduled to start
operations by the end of 2010, so with luck the recession will have passed
anyway.
the facility will produce solar cells with a higher power generation
capacity than those made at another Sanyo plant in central Japan. It is the
second investment in solar cell production that Sanyo has made. It has
previously announced plans to jointly build a factory for another type of solar
cell with Nippon Oil which will flog cheaper products to developing countries
such as China.