Sharp to invest in new solar cell plant

subscribe

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.

Related News

hydrogen electricity

Is Hydrogen The Future For Power Companies?

LONDON - Last month, the European Union set out a comprehensive hydrogen strategy as part of its goal to achieve carbon neutrality for all its industries by 2050. The EU has an ambitious target to build out at least 40 gigawatts of electrolyzers within its borders by 2030 and also support the development of another 40 gigawatts of green hydrogen in nearby countries that can export to the region by the same date. The announcement came as little surprise, given that Europe is regarded as being far ahead of the United States in the shift to renewable energy.

But the hydrogen…

READ MORE

Australia PM rules out taxpayer funded power plants amid energy battle

READ MORE

Cryptocurrency firm in Plattsburgh fights $1 million electric charge

READ MORE

Jessica McDonald bc hydro ex-president

Former B.C. Hydro CEO earns half a million without working a single day

READ MORE

hydro quebec

Hydro-Québec puts global ambitions on hold as crisis weighs on demand

READ MORE