Kyocera Wins $485 Million Dollar Order

Kyocera Corp. of Japan will provide 1 million solar panels to Thailand’s Solar Power Holdings Co., a company official said today.

The Kyoto-based company will supply the solar panels for 34 locations in Thailand with a total capacity of 204 megawatts, Sanae Iwasaki, a Kyocera spokeswoman, said by phone. The company will deliver the panels within four years, she said.

The order is valued at as much as 40 billion ($485 million), the Nikkei newspaper reported earlier. Iwasaki declined to comment on the value or when the company won the order.

Construction at three locations, each expected to generate 6 megawatts of power, has started, Iwasaki said.

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