The new Panasonic company will manufacture and sell high-efficiency solar cells and modules from the Buffalo factory. The requisite facilities and equipment will be in place for the planned start of production in summer 2017.
Panasonic hopes to further promote the adoption of renewable energy and contribute to the achievement of a sustainable society by providing solar cells for the North American market in this initiative.
Overview of new company:
Company Name: Panasonic Eco Solutions Solar New York America
Division of Panasonic Corporation of North America
Foundation: February 1, 2017
Location: Buffalo, NY, United States of America
Principal Business: Manufacture and sale of solar cells and modules
Panasonic Corporation is a worldwide leader in the development of diverse electronics technologies and solutions for customers in the consumer electronics, housing, automotive, enterprise solutions and device industries. Since its founding in 1918, the company has expanded globally and now operates 474 subsidiaries and 94 associated companies worldwide, recording consolidated net sales of 7.553 trillion yen for the year ended March 31, 2016. Committed to pursuing new value through innovation across divisional lines, the company uses its technologies to create a better life and a better world for its customers. To learn more about Panasonic: