Nov 5 2009
Factory to Produce 50MW of Assembled Panels Annually for the North American Market
SANYO Energy, S.A. de C.V. (SANYO Energy), a subsidiary of SANYO Electric Co., Ltd. (SANYO), has officially opened and started production in Monterrey. The plant, located in Nuevo Leon, Mexico, will be assembling SANYO’s patented HIT (Heterjunction with Intrinsic Thin-layer) solar modules. SANYO’s HIT solar cells and modules have the world’s highest solar light to electric energy conversion efficiency per installed square foot. SANYO Energy will be producing at a capacity of 50-Megawatts annually, with the assembled panels to be used in installations in North America, including the United States.
“Our Monterrey plant was our first overseas module assembly facility in our solar business,” said Mr. Mitsuru Homma, Executive Vice President and Member of the Board of SANYO Electric Co., Ltd. “The Monterrey plant is important and vital in North America for the assembly of our world’s highest efficiency HIT modules and the work done here has largely contributed to the growth in sales in North America, and will remain a factor as this region continues to grow.”
SANYO is augmenting its facilities with the necessary equipment and construction of new facilities for future growth in response to market demand, moving forward to reach goals set for an annual global production capacity of at least 600 MW by FY 2010.