Sanyo Electric has announced that with the European region improving its demand for solar panels, it will increase its solar panel production capacity in Europe by 90% or 315MW by next summer. Nikkei.com reports that the added production will be happening at the Sanyo Hungary facility using the space that has been released since the company ended the lithium ion battery pack production. The total investment for the additional panel production will be between two and three billion Yen.
Sanyo plans to double solar panel production capacity at its factory in Shiga Prefecture amid surging demand created by the revival of government subsidies for homeowners, according to a news story in the Friday edition of the Nikkei picked up by the Dow Jones newswire.
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