Sekisui Chemical has announced it was selected for the GX Supply Chain Construction Support Project by Japan's Ministry of Economy, Trade and Industry. The company would like to play a central role in realizing the government's goal of establishing a gigawatt (GW) level supply system by 2030, and has therefore decided to make a capital investment with the aim of starting operation of a 100 MW manufacturing line in 2027, for producing lightweight perovskite solar panels, to be used initially for low load-bearing rooftops.
The Company plans to take over the buildings of Sharp Corporation in Sakai City, Osaka Prefecture, and install perovskite solar cell manufacturing facilities to carry out manufacture and sales.
To begin mass production, a new company (SEKISUI SOLAR FILM) will be established and operated for the purpose of designing, manufacturing, and selling perovskite solar cells.
SEKISUI SOLAR FILM will initially focus on introducing the product on low load-bearing roofs and in the public sector (such as gymnasiums that serve as evacuation centers during disasters) by taking advantage of the product’s lightweight and flexible characteristics. It will then aim to expand the business by reducing costs through mass production and creating demand by targeting roofs and exterior walls of private-sector buildings such as factories and warehouses.
Sekisui Chemical and Sharp Corporation entered into a basic agreement regarding a building purchase agreement. Sekisui Chemical and the Development Bank of Japan Inc. have also entered into a shareholders agreement regarding the joint operation of the company to be established.
