SANYO Celebrates Grand Opening of New Monterrey Solar Module Assembly Manufacturing Plant with Ceremony

Factory to Produce 50MW of Assembled Panels Annually for the North American
Market
MONTERREY, Mexico--(Business Wire)--
SANYO Energy, S.A. de C.V. (SANYO Energy), a subsidiary of SANYO Electric Co.,
Ltd. (SANYO), has officially opened and started production in Monterrey. The
plant, located in Nuevo Leon, Mexico, will be assembling SANYO`s patented HIT
(Heterjunction with Intrinsic Thin-layer) solar modules. SANYO`s HIT solar cells
and modules have the world`s highest solar light to electric energy conversion
efficiency per installed square foot. SANYO Energy will be producing at a
capacity of 50-Megawatts annually, with the assembled panels to be used in
installations in North America, including the United States.

"Our Monterrey plant was our first overseas module assembly facility in our
solar business," said Mr. Mitsuru Homma, Executive Vice President and Member of
the Board of SANYO Electric Co., Ltd. "The Monterrey plant is important and
vital in North America for the assembly of our world`s highest efficiency HIT
modules and the work done here has largely contributed to the growth in sales in
North America, and will remain a factor as this region continues to grow."

SANYO is augmenting its facilities with the necessary equipment and construction
of new facilities for future growth in response to market demand, moving forward
to reach goals set for an annual global production capacity of at least 600 MW
by FY 2010.

SANYO began researching and developing amorphous solar cells in 1975 and was the
world`s first to commercialize amorphous-type solar cell production in 1980. In
1997, SANYO started mass production and sales of its world-leading conversion
efficiency HIT solar cells. SANYO currently manufactures silicon ingot and
wafers in the US, the solar cells are made in Japan, with module assembly plants
located in Mexico, Hungary and Japan.

For more information on SANYO`s solar products, please visit:
http://us.sanyo.com/Solar

About SANYO

SANYO Electric Co., Ltd. is a global, multi-billion dollar leading company for
energy and environment. SANYO Energy, S.A. de C.V., a subsidiary of SANYO
Electric, manufactures products for North America including a variety of
commercial and consumer products such as rechargeable batteries and SANYO`s HIT
solar modules.

For further information on SANYO, please visit http://us.sanyo.com.

SANYO North America Corporation
Aaron Fowles
+1-619-661-4151 (office)
AFowles@sna.sanyo.com

Copyright Business Wire 2009