Wednesday, April 18, 2007

Kyocera To Double Solar Module Output

Kyocera said today that it is planning to expand production of its solar modules to double its current capacity. The increased production is a result of global demand for solar power systems, a result of both increasing consumer awareness of solar power and healthy rebates and tax incentives for the systems, particularly in California. Kyocera said that it will up its capacity to 500 megawatts of capacity by March 2011, up from its currently capacity of 240MW, and will invest $250M in plants and equipment for the expansion. Kyocera's solar business is based out of Scottsdale, Arizona, with module manufacturing in Mexico, Japan, the Czech Republic, and China. According to Kyocera solar energy is now Kyocer'a fastest growing business.