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Sanyo Electric Co. Ltd., looking to increase its PV production eight-fold by 2005, will be investing 5 to 15 billion yen ($48 to $96 million USD) a year through 2005. The company made the announcement at the end of March to mark its 50th anniversary. The investment would increase the annual production capacity of modules to 120 MW. Sanyo currently produces 15 MW of solar panels per year in its Sumoto facility in Japan.
Sanyo also announced the construction of a 3.4 MW solar power generation system at its Gifu plant, to be started in February 2001 and completed in 2004. Dubbed the Mega Solar, the system will include a 300 meter wall known as the Solar Ark, fronted by modules set up like an amphitheater. The yearly amount of power production will be 3,700 MWh. At press time, Sanyo was in negotiations with the Japanese government for financial support for the project. William
P. Hirshman
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