Thursday, December 12, 2013

Panasonic Says Its Solar Panel Production May Rise 30 Next Year

Panasonic Says Its Solar Panel Production May Rise 30 Next Year
Panasonic Corp. (6752) may boost its production of solar panels by about 30 percent with fiscal blind date since of incentives from Japan's state-owned, the run of the business imaginary.

Japan's supposed feed-in-tariff prices, set June 18, "swallow boosted the relate to of folks and business owners in using their rooftops or replacement fields for solar-power generation," Kazuhiro Yoshida, who heads the Osaka-based company's solar business, imaginary in an question yesterday.

Panasonic may boost its panel production to as by a long way as 800 megawatts in the fiscal blind date conclusion Phase 2014 from an nonexistent 600 megawatts this fiscal blind date, Yoshida imaginary.

The company and rival panel makers including Firm Corp. (6753) and Kyocera Corp. (6971) cubicle to benefit as the program starts with month. Utilities chutzpah pay 42 yen (53 cents) a kilowatt-hour for 20 time to solar-power producers, close to multiply by two the rate in Germany, the world's major process by panel installations. Panasonic is developing its guide on solar energy following situate a smooth decease of 772 billion yen dais fiscal blind date as the yen gained and prices for its televisions knock down.

The architect of HIT panels is developing its production muscle of solar cells to 900 megawatts by the end of with fiscal blind date from 600 megawatts in recent times by arrival a new plant in Malaysia in December. Panasonic is sticking with a 2010 plan to boost production muscle to 1.5 gigawatts by Phase 2016, Yoshida imaginary.

Solar-product sales in Japan chutzpah maybe climb up to 80 percent of gain at the renewable energy business this fiscal blind date from 67 percent in the 12 months washed up Phase 31, Yoshida imaginary more rapidly this month. The company expects to stow margins for the solar business at about 10 percent this blind date, he imaginary June 19.

Source: http://www.bloomberg.com/news/2012-06-28/panasonic-says-its-solar-panel-production-may-rise-30-next-year.html

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