Honda Soltec established to sell Thin Film Solar Cells

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 that required to produce conventional crystal silicon solar cells.

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December 4, 2006 Honda is getting into the solar cell business following an announcement on Friday that it plans to establish a wholly-owned subsidiary, Honda Soltec Co., Ltd., which will produce and sell the next-generation thin film solar cell independently developed by Honda. The new company will lead Honda to make a full-scale entry into the solar cell business.

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