Panasonic Corp. may boost its production of solar panels by about 30 percent next fiscal year because of government incentives, the head of the business said.
So-called feed-in-tariff prices, set June 18, "have boosted the interest of individuals and business owners in using their rooftops or unused fields for solar-power generation," Kazuhiro Yoshida, who heads the Osaka-based company's solar business, said Wednesday.
Panasonic may boost its panel production to as much as 800 megawatts in fiscal 2013 from an estimated 600 megawatts this fiscal year, Yoshida said.