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Showa Shell Unit to Supply 14MW Panels to Mitsui Solar Projects

Solar Frontier K.K., a unit of Japan’s Showa Shell Sekiyu K.K. (5002), will supply 14 megawatts of thin-film solar panels for four projects by Mitsui & Co. (8031), a Japanese trading company.

Mitsui and its partners plan to invest 9 billion yen ($110 million) in 10 solar projects including at least four projects using Solar Frontier modules across Japan by March 2014, Solar Frontier said in a statement today.

The companies are also discussing other solar projects for possible use of Solar Frontier products, according to the statement.

Solar Frontier makes solar panels using copper, indium, gallium and selenium, known as CIGS.

To contact the reporter on this story: Chisaki Watanabe in Tokyo at cwatanabe5@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

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