Toshiba Makes Full-scale Entry into Residential Solar Photovoltaic Systems Business
ASAHI - Toshiba Corporation (TOKYO: 6502) today announced that it will make its full-scale entry into the residential solar photovoltaic systems business in Japan on April 1st 2010, with the goal of winning a 10% share of the Japanese market by fiscal year 2012.
Toshiba's residential solar photovoltaic systems comprise photovoltaic modules, power conditioners and color LCD that displays the overall system status. The photovoltaic modules will be supplied by SunPower Corporation (NASDAQ: SPWRA, SPWRB) and will integrate solar cells that achieve a conversion efficiency of cells of 21.5%, one of the highest[2] commercially available conversion efficiencies.
