Nippon Sheet: modifying plants to make solar glass

Nippon Sheet Glass, which competes with Japan’s Asahi Glass Co Ltd (5201.T: Quote, Profile, Research, Stock Buzz), France’s Saint-Gobain (SGOB.PA: Quote, Profile, Research, Stock Buzz) and U.S.-based Guardian, sees glass used to make solar power equipment as a growth driver amid booming demand for renewable energy sources.



“The issue is not the lack of growth opportunity. The issue is in the business decision that we make,” Nippon Sheet CEO Stuart Chambers told reporters, citing the outlook for solar cell glass demand to jump some seven times in five years.