Toshiba-Mitsubishi JV says solar inverter orders jump 48% in FY 2014/15

May 20 – Toshiba Mitsubishi-Electric Industrial Systems Corp (TMEIC) said Wednesday it has received 48% more solar inverter orders, or 2,905 MW in total, during its fiscal year through March 2015 compared to a year earlier.

The company, a joint venture of Japanese companies Toshiba Corp (TYO:6502) and Mitsubishi Electric Corp (TYO:6503), has shipped 2,536 MW of the equipment during the period under review. This compares to only 1,606 MW in the previous fiscal year.

Specific details on the jump in both TMEIC’s sales and shipments over the past six years are available in the table below:

TMEIC makes power electronics, rotating machinery and other equipment. The firm was formed in 2003 when the industrial systems units of Toshiba and Mitsubishi were united into a single entity, but its performance has experienced a significant improvement since Japan launched the attractive feed-in tariffs (FiTs) in summer 2012.

Recommends:

Nexcon® Solar Panel Charger 5000mAh Rain-resistant and Dirt/Shockproof Dual USB Port Portable Charger Backup Power Pack for iPhone 6 plus 5S 5C 5 4S 4, iPods(Apple Adapters not Included), Samsung Galaxy S5 S4, S3, S2, Note 4 3 2, Most Kinds of Android Smart Phones,Windows phone and More Other Devices (Black)
Nexcon® Rain-resistant and Dirt/Shockproof 5000mA Solar Panel Charger

Flexibility: Plug it into the wall to charge and take wi…

Nexcon® Multifunction Both Solar Panel charger Mobile power Bank and be charged using wall AC USB adapter 10000mah Power Bank for iPhone 6 plus 5S 5C 5 4S 4, iPods iPad 4 3 Tablet, Samsung Galaxy S5 S4, S3, S2, Note 4 3 2, Smart Phone,MP3,MP4,PSP,PDA
Compatible model: * All kinds of Apple iDevices and USB-charged Android smartphones;
* All kinds of USB-charged tablets;
* Mor…

RAVPower Element 10400mAh Portable Charger with iSmart Technology (External Battery Pack, Power Bank, 3A Output, Dual USB)-Black
With the RAVPower RP-PB07 you can charge multiple devices at the same time! And, because we only use top rated battery cells enclo…

Solar Power Bank