– Toshiba to build Japan’s biggest solar plants in Fukushima (Reuters, June 20, 2012):
Toshiba Corp said on Wednesday it will begin building solar plants with a total generating capacity of 100 megawatts on the country’s disaster-hit northeastern coastline, making it the biggest solar project in Japan.
Electronics conglomerate Toshiba, which makes everything from lightbulbs to nuclear reactors, said it will spend around 30 billion yen ($379.6 million) t o build several large-scale solar plants in Minami Soma more than a year after a devastating earthquake and tsunami hit Japan.
The project overtakes an earlier plan by Kyocera Corp , heavy machinery maker IHI Corp and Mizuho Corporate Bank, which said it will launch a 70-megawatt plant in southern Japan.
Toshiba said it will start building the plants this year and aim to start operations in 2014.
A man looks at laptop computers at an electronics retailer in Tokyo October 29, 2008
TOKYO (Reuters) – Japan’s Toshiba Corp (6502.T) posted a 99 percent plunge in quarterly operating profit on Wednesday, dragged down by weakness in its mainstay chip operations, but stuck to its recently revised outlook above expectations.