SANYO Celebrates Grand Opening of New Monterrey Solar Module Assembly Manufacturing Plant with Ceremony

“Our Monterrey plant was our first overseas module assembly facility in our solar business,” said Mr. Mitsuru Homma, Executive Vice President and Member of the Board of SANYO Electric Co., Ltd. “The Monterrey plant is important and vital in North America for the assembly of our world’s highest efficiency HIT modules and the work done here has largely contributed to the growth in sales in North America, and will remain a factor as this region continues to grow.”

SANYO is augmenting its facilities with the necessary equipment and construction of new facilities for future growth in response to market demand, moving forward to reach goals set for an annual global production capacity of at least 600 MW by FY 2010.

SANYO began researching and developing amorphous solar cells in 1975 and was the world’s first to commercialize amorphous-type solar cell production in 1980. In 1997, SANYO started mass production and sales of its world-leading conversion efficiency HIT solar cells. SANYO currently manufactures silicon ingot and wafers in the US, the solar cells are made in Japan, with module assembly plants located in Mexico, Hungary and Japan.

For more information on SANYO’s solar products, please visit: http://us.sanyo.com/Solar

About SANYO

SANYO Electric Co., Ltd. is a global, multi-billion dollar leading company for energy and environment. SANYO Energy, S.A. de C.V., a subsidiary of SANYO Electric, manufactures products for North America including a variety of commercial and consumer products such as rechargeable batteries and SANYO’s HIT solar modules.

For further information on SANYO, please visit http://us.sanyo.com.

SANYO North America Corporation
Aaron Fowles
+1-619-661-4151 (office)
AFowles@sna.sanyo.com