SHARP ELECTRONICS CORPORATION'S SOLAR MANUFACTURING PLANT IN MEMPHIS, TN TO HOST U.S. DEPARTMENT OF ENERGY SECRETARY DR. STEVEN CHU

Charged with helping implement President Obama's ambitious agenda to invest in clean energy, Secretary highlights Sharp Solar Success Story

01/26/2011

MEMPHIS, TN, January 26, 2011 -- Sharp Electronics Corporation will host Secretary of Energy Dr. Steven Chu tomorrow during a visit to the company’s solar manufacturing facility in Memphis, Tennessee. The Secretary is charged with helping implement President Obama's ambitious agenda to invest in clean energy, reduce the nation’s dependence on foreign oil, address the global climate crisis, and create millions of new jobs.

“We are honored to welcome Secretary Chu to Sharp’s solar panel manufacturing plant in Tennessee,” said Kozo Takahashi, Chairman and Chief Executive Officer of Sharp Electronics Corporation. “Sharp has seen strong growth in demand for solar electricity and in turn we have steadily increased output and job creation, making our factory a perfect venue to amplify President Obama’s top renewable energy priorities for the country.”

While at Sharp’s facility, Secretary Chu will tour Sharp’s solar panel manufacturing operation and will further discuss the energy initiatives President Obama laid out in his State of the Union Address on January 25. In his address, the President called for 80 percent of America’s electricity to come from clean energy sources by 2035.

Sharp Manufacturing Company of America, a division of Sharp Electronics Corporation, manufactures the solar modules that power thousands of residential, governmental, commercial and utility-scale solar electricity systems throughout the United States. Since coming online in 2003, the solar facility’s production capacity has increased tremendously, and its manufacturing staff has tripled to nearly 450 people. Sharp is a leader in the U.S. solar industry and its roster of notable commercial solar installations includes Tennessee’s 2 largest solar energy generation facilities in Jackson and Knoxville.

About Sharp
Sharp Corporation is based in Osaka, Japan, and is a world market leader in solar cell production, and offers PV modules for home and business applications. Further information on Sharp’s commitment to solar energy and its product line at solar.sharpusa.com.

Sharp Electronics Corporation is the U.S. subsidiary of Japan's Sharp Corporation, a worldwide developer of one-of-a-kind home entertainment products, appliances, networked multifunctional office solutions, solar energy solutions, LED lighting and mobile communication and information tools. Leading brands include AQUOS® Quattron™ LCD televisions and 3DTVs, SharpVision® projectors, Insight® Microwave Drawer® ovens, Notevision® multimedia projectors and Plasmacluster® air purifiers. For more information visit Sharp Electronics Corporation at www.sharpusa.com.

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