Kaneka to Double Solar Battery Production in Japan in '07
Posted on: Wednesday, 1 February 2006, 18:00 CST
Osaka, Feb. 1 (Jiji Press)--Japanese chemicals and resin maker Kaneka Corp. said Wednesday it plans to nearly double its annual solar battery production capacity in Japan to 55 megawatts from current 30 megawatts by around spring 2007.
Investing some 5 billion yen, Kaneka will scale up its subsidiary plant in Toyooka, Hyogo prefecture, western Japan.
It will also consider further expansion to an annual 70 megawatts around 2008.
Meanwhile, the company will outsource its solar battery assembly process to a Czech plant, planning to launch such operations in spring this year. The plant's annual output capacity of 10 megawatts will grow threefold in the near future, Kaneka said.
Amid growing awareness of environmental issues, demand for solar battery is expected to increase, particularly in Europe, the world's largest market.
By utilizing the assembly plant location, Kaneka aims to strengthen its competitiveness through shorter delivery times and lower distribution costs, company officials said.END
Source: Jiji Press English News Service
Related Articles
- Wells Fargo Finances 1-Megawatt SunPower Solar Power System at UC Merced
- Etrion and SunPower Partner on 4-Megawatt Italian Solar Power Plants
- Certified Steel and Nexus Properties to Build 1.2-Megawatt SunPower Solar Power System at Certified Steel Company Facility
- Del Monte Foods is 'Enriching Lives With Light' via 1.9-Megawatt SunPower Solar Panel System
- VioSolar Inc. In Negotiations for Licence Applications of 4 Megawatts of Solar Production in Southern Europe
- PHOTON Consulting Publishes Solar Annual 2008: Four Peaks
- Spire to Provide 25 Megawatt Turnkey Solar Module Manufacturing Line to PLG Power Limited in India
- SunPower to Build 18-Megawatt Olivenza Solar Power Plant in Spain
- PG&E Signs Agreement With Solel for 553 Megawatts of Solar Power
 |
 |
User Comments (0)
RSS Feeds