Panasonic, in its bid for world domination in the consumer electronics world, announced yesterday the closure of its acquistion of one time former competitor Sanyo. One area in particular synergy will develop from this merger is energy development. The new Panasonic, in striving to become “the No. 1 Environmental Innovation Company in the world electronics industry by 2018,” is already seeing fruits of this move with a new “lithium-ion storage cell for home use” which will consumers set aside extra energy.
Fumio Otsubo, president of Panasonic, told the Japan based-Yomiuri Shimbunnewspaper that “we”ll be the first to bring to the market a storage battery for home use, which can store sufficient electricity for about one week of use.” This home storage battery, which could easily be seen gathering energy through eco-friendly methods such as solar or wind power, could be in some markets as early as 2011.
It is said this battery, according to the Yomiuri Shimbun, could be part of a system “that will enable households to check electricity usage on a home-based TV display.” It is felt by Panasonic, given the closing of the merger with Sanyo, that it is “positioned closest [among firms] to realizing CO2 emission-free daily life.”
Yomiuri Shimbun Panasonic story [via PhysOrg]