Toshiba Makes Full-Scale Entry Into Solar Photovoltaic Systems BusinessJanuary 06, 2009 by Jeff Shepard
Toshiba Corp. announced its full-scale entry into the solar photovoltaic systems business. On January 1, Toshiba’s Transmission Distribution & Industrial Systems Company established the Photovoltaic Systems Division, a dedicated business management and promotion organization that will take the initiative in responding to a surge in demand for solar photovoltaic systems.
Solar photovoltaic systems are moving beyond residential applications to large, megawatt-scale projects for utility and industrial plants. Toshiba will secure orders for large solar power generation systems by drawing on its competitive advantages. Toshiba will seek a rapid expansion of the business by focusing on renewable energy and energy-saving products and technologies.