Toshiba, Sharp mull 'solar power tie-up'

Mar 27, 2009
Japanese consumer electronics giants Toshiba and Sharp are in talks on a possible tie-up in the solar power generation field, the companies said

Japanese consumer electronics giants Toshiba and Sharp are in talks on a possible tie-up in the solar power generation field, the companies said Friday.

"It is true that we are holding talks on the solar cell business with other companies, including Toshiba," Corp. spokeswoman Miyuki Nakayama said, declining to give further details.

Sharp wants to enhance its solar business further, with its solar cell revenue expected to reach 170 billion yen (1.7 billion dollars) globally in the year to March 31, up 12 percent from last year, Nakayama said.

Toshiba, which announced its full entry into solar power in January, said the company was also seeking a supply source of solar or photovoltaic cell panels that convert sunlight into electricity.

"We are mulling where to procure panels as we do not make them... Sharp is one of the companies under our consideration," Toshiba spokeswoman Hiroko Mochida said, adding that nothing concrete had been decided yet.

Toshiba, which is strong on building systems that distribute generated power, aims to achieve annual sales of 200 billion yen by 2016 in the photovoltaic systems business.

The mass-circulation Asahi Shumbun reported Friday that Sharp would provide panels to Toshiba, which would in turn supply distribution systems to Sharp.

Another daily, the Sankei Shimbun, said an the government and ruling party are expected to draw up in April would include two trillion yen in spending to mount solar panels on public buildings.

(c) 2009 AFP

Explore further: Japan gov't calls on citizens to stockpile toilet paper

add to favorites email to friend print save as pdf

Related Stories

Hitachi, Toshiba and Matsushita Join for TV LCD Panels

Aug 31, 2004

Hitachi, Ltd., ("Hitachi"), Toshiba Corporation ("Toshiba") and Matsushita Electric Industrial Co., Ltd., ("Matsushita") today reached a basic agreement to jointly establish a company (the "JV") to manufacture and sell LC ...

Sharp Unveils Solar-Powered TV

Jul 04, 2008

For the 1.6 billion people living in areas without utility-supplied electricity, Sharp has designed a TV that can get 100% of its power from the sun. The company plans to exhibit the 26-inch LCD prototype ...

Recommended for you

Seoul to provide smartphone-charging down by the stream

Aug 29, 2014

Seoul's mobile users will be able to make use of outdoor charging stations at a popular downtown stream, powered by mini-hydroelectric turbines that use the stream's current. The city is building the recharging ...

Tesla, Chinese firm plan 400 charging stations

Aug 29, 2014

Tesla Motors Co. and a state-owned Chinese phone carrier announced plans Friday to build 400 charging stations for electric cars in a new bid to promote popular adoption of the technology in China.

Cool roofs in China can save energy and reduce emissions

Aug 28, 2014

(Phys.org) —Working with Chinese researchers, the Department of Energy's Lawrence Berkeley National Laboratory (Berkeley Lab) has conducted the first comprehensive study of cool roofs in China and concluded ...

User comments : 0