Sanyo has officially opened its latest photovoltaic module assembly plant in Ohtsu City, Shiga Prefecture, Japan. The new 7000m2 plant has an initial capacity of 40MW per annum with the capacity to expand production further, Sanyo said.
The new facility is part of Sanyo’s latest investment strategy in solar, which is expected to be in the region of $650 million over the next three years.
In 2007, Sanyo’s PV production reached 260MW and is expected to reach 340MW in 2008. The company is currently considering further module expansion ramps at plants in Hungary and Mexico. The Hungary plant is Sanyo’s largest with a capacity of 145MW per annum.
According to Bloomberg, Sanyo also plans to increase production to 4GW per annum by 2020.