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Mitsubishi production of solar cells to be increased three-fold for two years by big tree





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Mitsubishi production of solar cells to be increased three-fold for two years by
Article Posted: 04/05/2010
Article Views: 173
Articles Written: 1033
Word Count: 536
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Mitsubishi production of solar cells to be increased three-fold for two years


 
Business,Business News,Business Opportunities
Recently, Mitsubishi Electric Corporation announced that in order to meet future market demand, will increase its output of solar cells. Mitsubishi will be in the next two years, solar cell output increased 3 times now.
   Mitsubishi said in a statement, to March 2012 before the solar cell production capacity from the current 220 megawatts to 600 megawatts to upgrade. In order to achieve this goal, in February this year, Mitsubishi built in northern Japan, an area of 24,000 square meters of new factory is expected to fall this year, will be able to put into use. Mitsubishi said the plant will greatly enhance the solar cell production, is expected to be able to Mitsubishi in March 2011 the current production from 220 MW to 270 MW upgrade. The 50-megawatt increase the amount of 10000 in Japan long enough for home use.
   March 1, Mitsubishi solar energy department manager Nagasawa in Tokyo at at a product show, said: "Our product line is now 24 hours a day at full capacity, this momentum will continue. Of course, we would also Government's subsidy policy to give close attention to. "But for the expansion at the new facility will bring many benefits, Nagasawa not disclosed.
   According to a study shows that by 2013, global solar cell revenues from 2009 to 20 billion U.S. dollars to upgrade to 900 billion U.S. dollars. Mitsubishi also showed that the annual financial forecast, the global photovoltaic market from March 2009 to March 2010 have been significantly enhanced to grow to 8000 MW from 5500 MW. According to Mitsubishi announced a new goal, they hope to occupy the market share of 7.5%.
    In addition, Mitsubishi is also the world's largest manufacturer of solar thin-film battery components and the first Solar Sharp cooperated.
    Photovoltaic Solar Energy Association of Japan said last month that, subject to market demand and government support for renewable energy development policies, Japan's solar cell sales in 2009 has improved. Last year's sales increased by 21% to reach 1387 MW, which is double the domestic sales reached 484 MW. It is learned that the Japanese government has decided to invest 4 billion yen to encourage more families to use solar panels. The Japanese government said they want to increase solar and other renewable energy sources in the home and industrial use of the area ratio of hope within the next decade will raise the ratio of 20 times.
    Entered in 2010, Japanese companies have announced their intention to enhance the production of solar cells. In addition to Mitsubishi, Toshiba has also said that March 1, starting from April this year, will strengthen the sales of residential solar energy systems efforts, hopes by 2013 to reach 10% of the domestic market share in Japan target. First Solar announced last month the company also intends to raise its output of solar cells, plans within two years increased to 1800 MW.

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