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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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.