Sharp to invest in new solar cell plant

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.