Sharp to invest in new solar cell plant
TOKYO, JAPAN - Japanese consumer electronics maker Sharp Corp. said it would spend 72 billion yen ($729 million) to build a new solar cell plant in Sakai, western Japan.
Sharp said in July it would build the world's largest solar cell plant by March 2010, along with a 380 billion yen liquid crystal display (LCD) panel plant, but it did not disclose the size of capital investments for the solar cell factory.
Sharp competes with Germany's Q-Cells in solar cells. Solar companies around the world are expanding production capacity rapidly to meet growing demand for green energy to counter global warming.
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Shell’s strategic move into electricity
LONDON - Royal Dutch Shell’s decision to sell electricity direct to industrial customers is an intelligent and creative one. The shift is strategic and demonstrates that oil and gas majors are capable of adapting to a new world as the transition to a lower carbon economy develops. For those already in the business of providing electricity it represents a dangerous competitive threat. For the other oil majors it poses a direct challenge on whether they are really thinking about the future sufficiently strategically.
The move starts small with a business in the UK that will start trading early next year. Shell…
