Mitsubishi to Invest $3.9 Billion in US Solar Power, Nikkei Says

Mitsubishi Corp. will invest $3.9 billion to boost solar power generation in the US through its unit, the Nikkei newspaper reported.

The investment will help Massachusetts-based Nexamp Inc. scale its solar power capacity to 2.9 million kilowatts by 2028 from 1.1 million kw now, the newspaper said on Saturday, without saying where it got the information.