Sanyo Planning to Increase PV Output 15-Fold in 5 Years
N class=mainarttxt>TOKYO (XFN-ASIA) - Sanyo Electric Co, a major consumer electronics firm, plans to raise its production capacity for solar cells to 1,000 megawatts a year -- 15 times its present capacity -- by 2010, the Nihon Keizai Shimbun reported, without citing sources.
Solar cell production has two stages: producing key cell components and using the cells to make panels called modules, the business daily reported.
Sanyo intends to spend some 7-8 bln yen by financial 2006 to set up cell lines at its Osaka Prefecture plant. It has already decided to boost annual solar cell output capacity by 140 pct to 153 megawatts next spring by starting operations at a new building at the Osaka plant on January 6 and by expanding a production subsidiary in Shimane Prefecture, the report said.
By adding lines at the Osaka plant, Sanyo's group-wide output capacity is expected to increase to 250 megawatts annually in financial 2006. It also plans to expand production capacity for modules in Japan, Mexico, Hungary and elsewhere, the newspaper said.
In sales, Sanyo intends to focus on the European market, mainly Germany, to take advantage of government aid for solar cell installation. It plans to introduce a high-output module in Europe in April 2005, the report said.
Sanyo's sales in its home-use solar cell business are expected to exceed 40 bln yen in the year to March 2005, 80 pct more than in the previous year. It plans to increase this segment's sales to about 200 bln yen by 2010, the report said.
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