Sharp to build solar power stations in JapanBY AKI SATO STAFF WRITER
2011/06/25
OSAKA --Sharp Corp. plans to design, build and operate solar power stations in Japan that it expects to become a major money spinner in the aftermath of the accident at the Fukushima No. 1 nuclear power plant.
"It is high time that we build many solar power stations in Japan," President Mikio Katayama told a shareholders meeting in Osaka on June 23. "We will expand the solar power business as a growth engine, along with liquid crystal display (LCD) panels."
The company is already working with Italy's largest power company to build solar power stations in Italy and elsewhere, and has acquired a major U.S. developer of solar power stations.
Sharp's officials expect demand for renewable energy to rise globally following the Fukushima accident, but the current high price of solar energy will be a major obstacle for their strategy....
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