Sanyo Electric announced the HIT solar cell efficiency 23%

May 18, Nikkei BP news agency reported that Sanyo Electric self-developed "HIT (Heterojunction with Intrinsic Thin Layer) solar cell," cell conversion efficiency at 23%. This is the representative of the company May 14, 2009 conference held in the disclosure. 23% of the value of R & D stage, rather than data at the time of mass production. Details will be released recently.

In the conference, the company forecasts the market size of solar cells, 2010 fiscal year will be increased to 6GW, 2011 fiscal year to 7GW, 2020 market size of the fiscal year will be expanded to 40GW. Sanyo's goal is to have fiscal year 2020 was 10% of market share.

To increase their market share of SANYO Electric Co. intends to strengthen cost competitiveness. Specific approach is the production company will be the HIT solar cell with silicon, so as to reduce manufacturing costs. Fiscal year 2009, Oregon in the United States began producing factories, for fiscal year 2010 to make HIT solar cells with silicon wafer manufacturers of self-production ratio of 20%.

May. 18, 2009