Mitsubishi Electric Corp. (MIELF.PK, MIELY.PK) announced shipment of four small-size photovoltaic modules for overseas market. The company noted that these modules are suitable for use in stand-alone solar power generation systems in areas where local electrification infrastructure is insufficient or non-existent. The company expects to begin shipment on October 1, 2008.
Mitsubishi also planned to construct new building for photovoltaic cell production at its Nakatsugawa Works Iida Factory in Nagano Prefecture. Mitsubishi Electric plans to expand its annual production capacity to 600 megawatts in fiscal 2012.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.