Nippon Oil Corp (Eneos) and Sanyo Electric Co Ltd. established Sanyo Eneos Solar Co Ltd., a joint company for producing amorphous Si thin-film solar cells and marketing power generation systems, Jan 23, 2009.
The investment ratio is 50:50. Panasonic Corp, which became the parent company of Sanyo, has not made any direct investment at this point.
For the joint company, Sanyo will take charge of the development of manufacturing technologies for thin-film solar cells as well as the production of cells and modules. And Eneos will be responsible for the construction of large-scale power generation systems using the modules as well as the distribution and sale of the products. Eneos will also provide material technologies for gases (e.g., hydrogen gas) required in the cell production, the company said.
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