In its press release currently only available in Japanese, Sanyo said it will begin its next-generation solar program with a 10 billion yen ($87m) investment in 2007. It plans to increase megawatt production capacity in 2007 to 210MW from 100MW with an additional 50MW coming from its Shimane-Sanyo subsidiary for a grand total of 260MW.
Sanyo wants to improve solar conversion efficiency of its solar cells from an expected level of 15-16% in 2007 to 18% by 2008 and to over 22% by 2010.
I will post a link to an English version of its press release once it becomes available.
Sanyo Electric Co ADR (OTC:SANYY) 1-year chart: