Suntech and Sanyo, two leading manufacturers of solar panels, have been beating the corporate drums recently over their plans to increase market share in Japan
Sanyo last week announced a goal of becoming the top manufacturer in the expanding Japanese solar panel market by 2013 by winning a 40% slice (in megawatts).
Aside from its Japanese roots and reputation for quality, Sanyo is pinning its hopes on its HIT solar panel technology to give it an edge in the local market. The Heterojunction with Intrinsic Thin-layer (HIT) solar cell is a hybrid model that combines a crystalline silicon substrate and an amorphous silicon thin film. According to the company, it offers the world’s highest power generation level per installation area due to superior energy conversion efficiency and temperature characteristics.
On the same day as Sanyo’s announcement, Suntech Power Japan Corp, a unit of Suntech Power Holdings Co., announced it will begin selling solar power generation systems for new homes early next year.