• Bloomberg

  • SHARE

Panasonic Corp. will begin selling energy storage systems in Australia to take advantage of the proliferation of solar panels dotting the rooftops of homes in the sunburned country.

Sales will begin in October after a feasibility study is conducted with Australian power companies such as ActewAGL and Red Energy. Rather than direct sales to consumers, Panasonic plans to target utilities, according to Katsufumi Miyamato, an official in charge of the project.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW