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Mitsubishi Corp. bets big on US solar with $3.9bn expansion plan
Energy
Trump tariff pressure spurs shift to US made solar components
With vast tracts of land, the U.S. provides abundant opportunities for solar power development.
SHIN WATANABE
TOKYO -- Japanese trading house Mitsubishi Corp. will boost its solar power generation capacity in the U.S. by 160% by 2028, Nikkei has learned, with a total project cost estimated at $3.9 billion.
The company will source equipment from local suppliers and take advantage of tax incentives for solar development in the U.S.
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