Mitsubishi Electric Makes Huge Investment, Aims For 500 MW Annually

Mitsubishi Electric Corp. is investing a total of more than 7 billion yen to expand annual production capacity of photovoltaic cells at its Nakatsugawa Works Iida Factory (Nagano Prefecture) and modules at its Nakatsugawa Works Kyoto Factory (Kyoto Prefecture).

The investment, the company says, will expand Mitsubishi Electric's annual PV production capacity from 150 MW to 220 MW in October 2008. Looking ahead, the company aims to establish a production system with an annual capacity of 500 MW by fiscal-year 2013.

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