Saturday February 22, 2020

Panasonic to head to Europe with battery storage

5th June, 2015
Panasonic is targeting $80 million of home-focused energy storage sales a year outside Japan by fiscal 2018

Panasonic plans to bring its energy-storage systems to Europe, and is focusing on Germany, after signing partnerships to offer the battery technology to Australian homes that have solar panels.

“We will launch a similar product in Europe in the not-too-distant future,” Paul Reid, managing director of Panasonic’s Australian unit, said on Tuesday in an interview. “Germany would be the next logical step.”

Panasonic is targeting $80 million of home-focused...

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