Honda Establishes Solar Cell Subsidiary Company, Honda Soltec to Make Full-Scale Entry into Solar Cell Business.Tokyo, Japan, Dec 1, 2006 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) Newswire) - Honda Motor Co., Ltd. today announced plans to establish a wholly-owned subsidiary, Honda Soltec Co., Ltd., which will produce and sell the next-generation thin film solar cell solar cell, semiconductor devised to convert light to electric current. It is a specially constructed diode, usually made of silicon crystal. When light strikes the exposed active surface, it knocks electrons loose from their sites in the crystal. independently developed by Honda. The new company will lead Honda to make a full-scale entry into the solar cell business. The next-generation solar cell to be produced and sold by Honda Soltec was developed by Honda Engineering Co., Ltd., the production engineering subsidiary of Honda. By using thin film made from a compound of copper, indium indium (ĭn`dēəm), a metallic chemical element; symbol In; at. no. 49; at. wt. 114.82; m.p. 156.6°C;; b.p. about 2,080°C;; sp. gr. 7.31 at 20°C;; valence +1, +2, or +3. , gallium gallium (găl`ēəm), metallic chemical element; symbol Ga; at. no. 31; at. wt. 69.72; m.p. 29.78°C;; b.p. 2,403°C;; sp. gr. 5.904 at 29.6°C; (solid), 6.095 at 29.8°C; (liquid); valence +2 or +3. and selenium selenium (səlē`nēəm), nonmetallic chemical element; symbol Se; at. no. 34; at. wt. 78.96; m.p. 217°C;; b.p. about 685°C;; sp. gr. 4.81 at 20°C;; valence −2, +4, or +6. (CIGS CIGS Ceilings (general aviation weather) CIGS Copper Indium Gallium Selenide CIGS Chief of the Imperial General Staff (WWII British) CIGS Centro de Instrução de Guerra na Selva ), Honda's next-generation solar cell achieves a major reduction in the amount of energy consumed during the manufacturing process by approximately 50% compared to what is required to produce conventional crystal silicon solar cells. This makes the new solar cell more environmentally-friendly by reducing the amount of CO2 generated even from the production stage. At the end of September 2006, Honda began construction of a plant to mass produce solar cells within the current site of Honda's Kumamoto factory, and the new facility will become operational in fall 2007 with an annual capacity of 27.5 megawatts. Prior to the start-up of the new plant, Honda Soltec will begin sales in limited areas in March 2007, of CIGS thin film compound solar cells produced by Honda Engineering. Once mass production begins at the new plant in Kumamoto in fall 2007, Honda Soltec will expand sales throughout Japan. In addition to its effort to reduce CO2 emissions through development of clean automobile engines, Honda is committed to develop environmentally-friendly and sustainable energy
Sustainable energy sources are energy sources which are not expected to be depleted in a timeframe relevant to the human race, and which technologies. Honda will contribute to the effort to prevent global warming global warming, the gradual increase of the temperature of the earth's lower atmosphere as a result of the increase in greenhouse gases since the Industrial Revolution. through production and sales of a clean energy source which does not use fossil fuels fossil fuel: see energy, sources of; fuel. fossil fuel Any of a class of materials of biologic origin occurring within the Earth's crust that can be used as a source of energy. Fossil fuels include coal, petroleum, and natural gas. . About Honda Soltec Co., Ltd.:
Establishment: December 1, 2006
Headquarters location: 1500 Hirakawa, Ozu-machi, Kikuchi-gun, Kumamoto
(within the current site of Honda Motor Co., Ltd.
Kumamoto factory)
Sales office location: Wako, Saitama (plan)
Capital investment: 4 billion yen
Capitalization ratio: 100% Honda Motor Co., Ltd.
Representative: President: Akio Kazusa
Employment: Approximately 150 associates (plan)
Business: Production and sale of solar cells
About the New plant: Lot area: 25,000 square meters(m2) Facility size: 11,080 square meters(m2) Investment: Approximately 7 billion yen Start of operation: Fall 2007 (plan) Production capacity: Approximately 27.5 megawatts annually About Honda Motor Co., Ltd. Honda Motor Co., Ltd. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :7267/NYSE:HMC/LSE:HNDA.L) is one of the leading manufacturers of automobiles and power products and the largest manufacture of motorcycles in the world. Honda has always sought to provide genuine satisfaction to people worldwide. The result is more than 120 manufacturing facilities in 30 countries worldwide, producing a wide range of products, including motorcycles, ATVs, generators, marine engines, lawn and garden equipment and automobiles that bring the company into contact with over 19 million customers annually. For more information, please visit http://world.honda.com. Source: Honda Motor Co., Ltd. Contact: Honda Motor Co., Ltd. Media Inquiries corporate_pr@hm.honda.co.jp +81-3-5412-1512 Copyright [c] 2006 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K. |
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