SANYO North America Corp., SANYO Electric Co. Ltd.'s regional headquarters for the North American market, plans to increase the production capacity of solar modules at its Monterrey, Mexico, factory by nearly 2.5 times the current amount.
The increase in production will serve the rapidly rising demand for solar power in the North American market, the company says. The Mexican plant currently has an annual production capacity of 20 MW for solar module assembly of SANYO's proprietary HIT solar panels. The planned increases in production capacity would add up to a total production capacity of 50 MW.
In addition to strengthening the solar business in North America, SANYO is also planning to strengthen its solar business globally.