Toshiba Mitsubishi-Electric Industrial Systems Corp (TMEIC) established a company that manufactures and sells PV inverters for large-scale solar power generation systems in Yancheng, Jiangsu Province, China.
This is the first time that the company has formed an overseas base dedicated to manufacturing PV inverters. The name of the new company is “Yancheng TMEIC Power Electronics Corp. Its capital is Rmb18.8 million, which was wholly invested by TMEIC. The new company will start operations in February 2015.
The site area of the manufacturing plant is 6,000m2. At the plant, the 500kW and 630kW models of the “Solarware” PV inverter will be manufactured. TMEIC aims at an yield equivalent to 1GW.
China is already the largest market for solar power generation in the world, and TMEIC considers it as the most important region for its overseas strategy.
Yancheng, where TMEIC formed the new company, has many advantages in the development of mega (large-scale) solar power plants. For example, it enjoys a large amount of sunlight and has a large amount of land. Also, it is located near a power grid and areas where a large amount of electricity is used. Therefore, many solar plants are expected to be built in the city.
TMEIC has passed the “Zero Voltage Ride Through” performance test, which was conducted at State Grid Corporation of China, for the first time as a Japanese manufacturer. And it will establish a system to supply PV inverters by forming the new company.