Honda says to mass-produce solar cells from 2007

Honda Motor Co. said on Monday it plans to start mass-producing solar cells in 2007, eyeing growing demand for environmentally friendly energy sources.

The company aims to generate annual sales of 5 billion to 8 billion yen ($40 million to $70 million) from solar cells once the factory’s output reaches full annual capacity of 27.5 megawatts, enough to power about 8,000 households.