Toshiba, Mitsubishi Venture to Make Solar Parts in China: Nikkei

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Toshiba Mitsubishi-Electric Industrial Systems Corp. will produce power conditioners for solar power generation in China and India, the Nikkei newspaper said today.

The venture between Toshiba Corp. and Mitsubishi Electric Corp. plans to set up production sites for conditioners for large-scale solar power stations in China in 2013 and India in 2014, the newspaper reported, without saying where it got the information.