Quantcast
Article Index |Advertise | Mobile | RSS | Wireless | Newsletter | Archive | Corrections | Syndication | Contact us | About Us| Services
 
Wed, Dec 28, 2011 03:27 PM Philippines      25°C to 33°C
  HOME       NEWS     SPORTS     SHOWBIZ AND STYLE      TECHNOLOGY     BUSINESS     OPINION      GLOBAL NATION    SERVICES
Advertisement
Inquirer Mobile
Property Guide

INQUIRER ALERT
Get the free INQUIRER newsletter
Enter your email address:

 
Money/ Breaking News Type Size: (+) (-)
You are here: Home > Business > Money > Breaking News

  ARTICLE SERVICES      
     Reprint this article     Print this article  
    Send Feedback  
    Post a comment   Share  

  RELATED STORIES  




imns

SAYS REPORT
Solar power plant to rise in California


Agence France-Presse
First Posted 17:59:00 02/21/2009

Filed Under: Alternative energy, Energy

TOKYO, Japan -- Tokyo Electric Power Co. will build a solar power plant in the US state of California through its subsidiary Eurus Energy Holdings Corp., a report said Saturday.

It plans to begin operations at the 1,000-kilowatt plant by 2010 on a site yet to be selected, the Nikkei business daily reported.

Eurus, already engaged in wind power generation in the United States, wants to take advantage of incentives expected to be provided by the new US government to boost solar power generation nationwide, Nikkei said.

Tokyo Electric is one of four Japanese corporate giants moving into the US renewable energy market with solar and wind power technologies, the daily said.

Petroleum wholesaler Showa Shell Sekiyu KK will start selling solar cells in the United States in June at the earliest after establishing a sales network there, the report said.

The unit of Anglo-Dutch giant Royal Dutch Shell will ship cells from a plant now under construction in Miyazaki prefecture, southern Japan.

Sanyo Electric Co. is set to expand the solar cell production capacity of its Mexican plant, which assembles products for the North American market, by 150 percent to 50,000 kilowatts, the daily said.

In anticipation of growing US demand, Mitsubishi Heavy Industries Ltd. will raise its domestic production capacity for wind turbines by about 30 percent to 1.6 million kilowatts possibly by March 2010, Nikkei said.

The 787-billion-dollar US economic stimulus package, which was passed on Tuesday, earmarks 38 billion dollars for investments in the environmental and energy sectors.

It also provides 20 billion dollars in tax incentives to spur private-sector investment in this area.



Copyright 2011 Agence France-Presse. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.



Share

RELATED STORIES:

OTHER STORIES:



  ^ Back to top

© Copyright 2001-2011 INQUIRER.net, An INQUIRER Company

The INQUIRER Network: HOME | NEWS | SPORTS | SHOWBIZ & STYLE | TECHNOLOGY | BUSINESS | OPINION | GLOBAL NATION | Site Map
Services: Advertise | Buy Content | Wireless | Newsletter | Low Graphics | Search / Archive | Article Index | Contact us
The INQUIRER Company: About the Inquirer | User Agreement | Link Policy | Privacy Policy

Advertisement
Megaworld
Jobmarket Online
Inquirer VDO
BizLinq