November 13, 2007

Honda opens greener solar cell facility

Honda began mass production of the solar cells last month mostly for domestic distribution including solar cells for homes throughout Japan. The company says it is also planning to export them soon. The plant is expected to reach an annual maximum capacity of 27.5 megawatts, equivalent to powering around 9,000 houses by second quarter next year.

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The global solar electricity (also called photovoltaic or PV) market is growing at more than 30% per year with Germany and Japan leading the market mostly because of government incentive policies, according to DuPont, a PV materials supplier. Around 94% of all PV modules today are made out of crystalline silicon, DuPont said.