A semiconductor manufacturer from Japan is looking to make a move into the European market for solar and energy products before the end of this year.
Sanyo, which also makes consumer electronics appliances and mobile phones, said it is aiming to achieve a business scale on the continent of around €800 million (£664 million) in this sector by March 2016.
The semiconductor firm will offer photovoltaic modules for use in solar panels and lithium-ion battery systems as well as energy management applications that include controllers.
It suggested that its expanded business reflects a growing demand for clean energy and the "continued advancement of measures to reduce effects on the environment".
Starting this year, Sanyo will look to offer power solutions that can help reduce costs in schools, factories and retail outlets across Europe, incorporating its own Smart Energy System.
The semiconductor organisation believes by engaging in full-scale production now, it will contribute in "reducing the negative effects of global warming on the world's environment".