By Jonathan Soble in Tokyo
Published: March 1 2010 07:48
Showa Shell, the Japanese affiliate of Royal Dutch Shell, is placing a $1bn bet on the future of thin-film solar panels as it seeks to become the worlds largest producer of the renewable-energy technology.
Showa Shell said the energy payback time of its panels the average time they take to produce more energy than it took to make them in the factory is one year, compared with two to three years for silicon-based panels.
Copyright The Financial Times Limited 2010.
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