Japanese Firm Ups Solar PV Production

Japan [RenewableEnergyAccess.com] Kaneka Corp. will invest approximately 5 billion yen [USD $42.5 million] into its subsidiary plant in Toyooka, Hyogo prefecture, western Japan so it can increase its annual solar PV production capacity from 30 MW to 55 MW by mid-2007. In 2008, the company is anticipating an additional 15 MW, bringing its total annual capacity in Japan up to 70 MW. According to the company, Kaneka’s plan recognizes a growing demand for solar modules and cells to address environmental issues, especially in Europe, and plans to shorten delivery times and lower distribution costs.
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