The system will generate 3.2m kWh per year, completely meeting the energy requirements of the centre and the excess 500,000 kWh of electricity will be transferred to the national distribution network, lowering dependence on non-renewable energy.

The warehouse roof has the largest PV system on a single building in Italy and was specially designed as, along with effective use of space, rooftop installations in Italy receive a higher feed-in-tariff rate.

In addition to the 2,895kW rooftop system, an 11kW system of 60 PV modules has been installed on the parking lot grounds.

Comments on this story may be sent to admin@m2.com

In January 2010, Mitsubishi Electric will launch its new product lineup of high-output lead-free solder photovoltaic modules with outputs of up to 235W. By utilizing these products and also expanding its product lineup in the future, Mitsubishi Electric intends to further strengthen its overseas PV business.

Background

Owing to the effectiveness of its PV feed-in-tariff program, the Italian PV market, which reached 258MW in 2008, has grown to be the third largest in Europe following Germany and Spain, according to the European Photovoltaic Industry Association (EPIA).

About Mitsubishi Electric

With over 85 years of experience in providing reliable, high-quality products to both corporate clients and general consumers all over the world, Mitsubishi Electric Corporation (TOKYO:6503) is a recognized world leader in the manufacture, marketing and sales of electrical and electronic equipment used in information processing and communications, space development and satellite communications, consumer electronics, industrial technology, energy, transportation and building equipment. The company recorded consolidated group sales of 3,665.1 billion yen (US$ 37.4 billion*) in the fiscal year ended March 31, 2009. For more information visit http://global.mitsubishielectric.com

*At an exchange rate of 98 yen to the US dollar, the rate given by the Tokyo Foreign Exchange Market on March 31, 2009.

SOURCE: Mitsubishi Electric Corporation

Mitsubishi Electric Corporation 
Product Inquiries 
Minoru Shiota, +81-573-66-8019 
Marketing Department, Nakatsugawa Works 
Shiota.Minoru@bc.MitsubishiElectric.co.jp 
http://global.mitsubishielectric.com/solar 
or 
Media Contact 
Yurika Fujimoto, +81-3-3218-3380 
Public Relations Division 
prd.gnews@nk.MitsubishiElectric.co.jp 
http://global.mitsubishielectric.com/news/

In accordance with the plan to integrate business operations at NEC Electronics and Renesas (the "Business Integration"), the five companies announced on September 16 that Renesas will issue shares of Renesas common stock to Hitachi and Mitsubishi Electric, the sole shareholders of Renesas, before the effective date of the Business Integration (the "Pre-merger Capital Injection"). In addition, after the scheduled date of the Business Integration, April 1, 2010, the new integrated company after the Business Integration (the "Integrated Company") will issue shares of its common stock to NEC, Hitachi and Mitsubishi Electric (the "Post-merger Capital Injection").

The five companies also announced that the amount of the Pre-merger Capital Injection could be reduced and the amount of the Post-merger Capital Injection could be increased depending on the business result of NEC Electronics for the first half of the fiscal year ending March 31, 2010.

Today's changes were made due to NEC Electronics' financial results, which were settled today, November 9, 2009. The changes in Post-merger Capital Injection were resolved at NEC Electronics' meeting of the Board of Directors held earlier today.

2. Outline of the Changes

The changes are underlined.

2.1 Outline of reinforcement of capital

As a condition to the Business Integration, Renesas will issue shares of Renesas common stock to Hitachi and Mitsubishi Electric, the sole shareholders of Renesas, in exchange for an aggregate of 71.7 billion yen before the effective date of the Business Integration (including shares issued on September 29, 2009 in exchange for an aggregate of 55.0 billion yen). In addition, on the effective date of the Business Integration (scheduled to be April 1, 2010), the Integrated Company will issue shares of its common stock to NEC, Hitachi and Mitsubishi Electric in exchange for an aggregate of approximately 134.6 billion yen.

2.2 Outline of the third-party allotment of new shares after Business Integration

2.2.1 Outline of Post-merger Capital Injection

(1)           Issuer                             Renesas Electronics Corporation (Tentative name)
(2)           Date of issuance                   April 1, 2010 (Note 1)
(3)           Number of new shares to be issued  146,782,990 of common shares
(4)           Issue price                        917 yen
(5)           Total proceeds                     134,600,001,830 yen
(6)           Purchaser                          Third-party allotment (Note 2)
                                                 (NEC: 61,395,857 shares,
                                                 Hitachi:
                                                 46,962,923 shares,
                                                 Mitsubishi
                                                 Electric: 38,424,210 shares)
(7)           Others                             None
Note 1: The new shares will be issued at the same date as the
effective date of the Business Integration. The schedule is
subject to change based upon the effective date of the Business
Integration.
Note 2: In accordance with Art. 124 4 of the Corporation Law, on
the day of the ordinary shareholders meeting of the Integrated
Company which is scheduled to be held in June 2010, NEC, Hitachi
and Mitsubishi Electric will acquire voting rights of the new
Integrated Company.

2.2.2 Major stockholders and ownership ratio of Renesas Electronics Corporation after the execution of the Business Integration and the third-party allotment

   NEC Corporation                           33.97%
   Hitachi, Ltd.                             30.62%
   Mitsubishi Electric Corporation           25.05%
   Japan Trustee Services Bank, Ltd. (Note)  1.49%
   (Trust Account from The Sumitomo Trust and Banking Co., Ltd. for
   retirement benefit Trust Account of NEC Corporation)

Note: 1.49% of shares which are owned by Japan Trustee Services Bank, Ltd. (Re-trust of The Sumitomo Trust and Banking Co., Ltd./NEC Corporation pension and severance payments Trust Account) were shares that were contributed by NEC as severance indemnities trusts. The voting rights of such shares will be exercised at the instruction of NEC.

About NEC Electronics

NEC Electronics Corporation (TSE: 6723) specializes in semiconductor products encompassing advanced technology solutions for the high-end computing and broadband networking markets, system solutions for the mobile handset, PC peripheral, automotive and digital consumer markets, and multi-market solutions for a wide range of customer applications. NEC Electronics Corporation has subsidiaries worldwide including NEC Electronics America, Inc. and NEC Electronics (Europe) GmbH. For additional information about NEC Electronics worldwide, visit www.necel.com.

About Renesas Technology Corp.

Renesas Technology Corp. is the world's No.1 supplier of microcontrollers and one of the world's leading semiconductor system solutions providers for mobile, automotive and PC/AV (Audio Visual) markets. It is also a leading provider of Power MOSFETs, Smart Card microcontrollers, RF-ICs, High Power Amplifiers, Mixed Signal ICs, System-on-Chip (SoC), System-in-Package (SiP) and more. Established in 2003 as a joint venture between Hitachi, Ltd. (TSE:6501, NYSE:HIT) and Mitsubishi Electric Corporation (TSE:6503), Renesas Technology achieved consolidated revenue of 702.7 billion JPY in FY2008 (end of March 2009). Renesas Technology is based in Tokyo, Japan and has a global network of manufacturing, design and sales operations in 16 countries with 25,000 employees worldwide. For further information, please visit http://www.renesas.com.

About NEC Corporation

NEC Corporation is one of the world's leading providers of broadband network and enterprise business solutions dedicated to meeting the specialized needs of a diversified global base of customers. NEC delivers tailored solutions in the key fields of computer, networking and electron devices, by integrating its technical strengths in IT and Networks, and by providing advanced semiconductor solutions through NEC Electronics Corporation. The NEC Group employs more than 140,000 people worldwide. For additional information, please visit the NEC website at: http://www.nec.com.

About Hitachi

Hitachi, Ltd., (NYSE: HIT / TSE: 6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 400,000 employees worldwide. Fiscal 2008 (ended March 31, 2009) consolidated revenues totaled 10,000 billion yen ($102.0 billion). The company offers a wide range of systems, products and services in market sectors including information systems, electronic devices, power and industrial systems, consumer products, materials, logistics and financial services. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.

About Mitsubishi Electric

With over 80 years of experience in providing reliable, high-quality products to both corporate clients and general consumers all over the world, Mitsubishi Electric Corporation (TOKYO: 6503) is a recognized world leader in the manufacture, marketing and sales of electrical and electronic equipment used in information processing and communications, space development and satellite communications, consumer electronics, industrial technology, energy, transportation and building equipment. The company recorded consolidated group sales of 3,665.1 billion yen (US$ 37.4 billion*) in the fiscal year ended March 31, 2009. For more information visit http://global.mitsubishielectric.com.

*At an exchange rate of 98 yen to the US dollar, the rate given by the Tokyo Foreign Exchange Market on March 31, 2009.

SOURCE: Renesas Technology Corp.

NEC Electronics Corporation 
Kyoko Okamoto, + 81-44-435-1676 
kyoko.okamoto@necel.com 
or 
NEC Corporation 
Kosuke Yamauchi, + 81-3-3798-6511 
k-yamauchi@ce.jp.nec.com 
or 
Renesas Technology Corp. 
Yoichi Kobayashi, +81-3-6756-5555 
kobayashi.yoichi2@renesas.com 
or 
Renesas Technology America, Inc. 
Stefani Parrish, 408-382-7410 
stefani.parrish@renesas.com 
or 
Hitachi, Ltd. 
Atsushi Konno, +81-3-5208-9325 
PR@hdq.hitachi.co.jp 
or 
Mitsubishi Electric Corporation 
Yurika Fujimoto, + 81-3-3218-3380 
prd.gnews@nk.MitsubishiElectric.co.jp

In accordance with the plan to integrate business operations at NEC Electronics and Renesas (the "Business Integration"), the five companies announced on September 16 that Renesas will issue shares of Renesas common stock to Hitachi and Mitsubishi Electric, the sole shareholders of Renesas before the effective date of the Business Integration (the "Pre-merger Capital Injection"). In addition, after

the scheduled date of the Business Integration, April 1, 2010, the new integrated company after the Business Integration (the "Integrated Company") will issue shares of its common stock to NEC, Hitachi and Mitsubishi Electric (the "Post-merger Capital Injection").

The five companies also announced that the amount of the Pre-merger Capital Injection could be reduced and the amount of the Post-merger Capital Injection could be increased depending on the business result of NEC Electronics for the first half of the fiscal year ending March 31, 2010.

Today's changes were made in due to NEC Electronics' financial results, which were settled today, November 9, 2009. The changes in Post-merger Capital Injection were resolved at NEC Electronics' meeting of the Board of Directors held earlier today.

2. Outline of the Changes

The changes are underlined.

2.1 Outline of reinforcement of capital

As a condition to the Business Integration, Renesas will issue shares of Renesas common stock to Hitachi and Mitsubishi Electric, the sole shareholders of Renesas, in exchange for an aggregate of 71.7 billion yen before the effective date of the Business Integration (including shares issued on September 29, 2009 in exchange for an aggregate of 55.0 billion yen). In addition, on the effective date of the Business Integration (scheduled to be April 1, 2010), the Integrated Company will issue shares of its common stock to NEC, Hitachi and Mitsubishi Electric in exchange for an aggregate of approximately 134.6 billion yen.

2.2 Outline of the third-party allotment of new shares after Business Integration

2.2.1 Outline of Post-merger Capital Injection

(1)Issuer                Renesas Electronics Corporation (Tentative name)
(2)Date of issuance      April 1, 2010 (Note 1)
(3)Number of new         146,782,990 of common shares
   shares to be issued
(4)Issue price           917 yen
(5)Total proceeds        134,600,001,830 yen
(6)Purchaser             Third-party allotment (Note 2)
(NEC: 61,395,857 shares, Hitachi: 46,962,923 shares, Mitsubishi Electric: 38,424,210 shares)
(7)Others                None

Note 1: The new shares will be issued at the same date as the effective date of the Business Integration. The schedule is subject to change based upon the effective date of the Business Integration.

Note 2: In accordance with Art. 124 -4 of the Corporation Law, on the day of the ordinary shareholders meeting of the Integrated Company which is scheduled to be held in June 2010, NEC, Hitachi and Mitsubishi Electric will acquire voting rights of the new Integrated Company.

2.2.2 Major stockholders and ownership ratio of Renesas Electronics Corporation after the execution of the Business Integration and the third-party allotment

<NEC Corporation> 33.97%

<Hitachi, Ltd.> 30.62%

<Mitsubishi Electric Corporation> 25.05%

<Japan Trustee Services Bank, Ltd.> (Note) 1.49%

(Trust Account from The Sumitomo Trust and Banking Co., Ltd. for

retirement benefit Trust Account of NEC Corporation)

Note: 1.49% of shares which are owned by Japan Trustee Services Bank, Ltd. (Re-trust of The Sumitomo Trust and Banking Co., Ltd./NEC Corporation pension and severance payments Trust Account) were shares that were contributed by NEC as severance indemnities trusts. The voting rights of such shares will be exercised at the instruction of NEC.

About NEC Corporation

NEC Corporation (TSE: 6701) is one of the world's leading providers of Internet, broadband network and enterprise business solutions dedicated to meeting the specialized needs of a diversified global base of customers. NEC delivers tailored solutions in the key fields of computer, networking and electron devices, by integrating its technical strengths in IT and Networks, and by providing advanced semiconductor solutions through NEC Electronics Corporation. The NEC Group employs more than 150,000 people worldwide. For additional information, please visit the NEC website at: http://www.nec.com.

Contact:

NEC Electronics Corporation
Kyoko Okamoto
+ 81-44-435-1676
kyoko.okamoto@necel.com

Renesas Technology Corp.
Yoichi Kobayashi
+81-3-6756-5555
kobayashi.yoichi2@renesas.com

NEC Corporation
Kosuke Yamauchi
+ 81-3-3798-6511
k-yamauchi@ce.jp.nec.com

Hitachi, Ltd.
Atsushi Konno
+81-3-5208-9325
PR@hdq.hitachi.co.jp

Mitsubishi Electric Corporation
Yurika Fujimoto
+ 81-3-3218-3380
prd.gnews@nk.MitsubishiElectric.co.jp