TOKYO, Sept 7 (Reuters) - Japanese oil refiner Showa Shell Sekiyu KK said on Monday it would invest 100 billion yen ($1.07 billion) to build a new solar cell plant.
The plant will come on-line in the second half of 2011 with annual capacity of 900 megawatts.
Showa Shell, Japan's fifth-biggest oil company, is boosting investment in solar cells as it chases new revenue streams in alternative energy.
(Reporting by Mayumi Negishi)
((mayumi.negishi@thomsonreuters.com; +81-3-6441-1812; Reuters Messaging: mayumi.negishi.reuters.com@reuters.net)) ($1=93.15 Yen) Keywords: SHOWASHELL/SOLAR (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
The plant will come on-line in the second half of 2011 with annual capacity of 900 megawatts.
Showa Shell, Japan's fifth-biggest oil company, is boosting investment in solar cells as it chases new revenue streams in alternative energy.
(Reporting by Mayumi Negishi)
((mayumi.negishi@thomsonreuters.com; +81-3-6441-1812; Reuters Messaging: mayumi.negishi.reuters.com@reuters.net)) ($1=93.15 Yen) Keywords: SHOWASHELL/SOLAR (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
© 2009 AFX News
