Sanyo Electric Co. (6764.TO) intends to double its solar panel manufacturing capacity at its factory in Shiga Prefecture according to a report in The Nikkei business daily last Friday.
The report said the company will begin construction on a new building at the facility in April 2010. Operations are scheduled to commence by March 31, 2011.
The company said demand for solar panels in Japan is on the rise, as a result of renewed government subsidies for residential solar power systems.
The new facility will have a capacity of 100,000 kilowatts (kw), raising the annual output capacity of the Shiga plant to 200,000kw.
Sanyo’s global solar panel capacity will grow about 30% to 450,000kw.
In June, Sanyo announced plans to increase annual solar cell production at its Shimane Sanyo facility to 220,000kw from 130,000kw by April 2010. In addition, the firm is constructing a new solar cell factory at its Osaka plant. Overall cell output capacity is expected to reach 600,000kw a year by the end of fiscal 2011.
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