Sanyo Electric Company, a long time manufacturer of consumer electronics said on Monday that they plan to double their current production of solar panel manufacturing because of increased demand.
Sustainable Business News noted that…
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.
In September of 2008, Japanese government officials created incentives for the use and installation of residential solar power systems. The effort was pushed forward to help boost Japan’s domestic solar business and reduce greenhouse gas emissions.