Panasonic plans home-use storage cell
Panasonic Corp., which recently made a successful takeover bid for Sanyo Electric Co., plans to market a lithium-ion storage cell for home use around fiscal 2011.
"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," said Fumio Otsubo, president of Panasonic, in a recent interview with The Yomiuri Shimbun.
On Monday, Panasonic announced it has officially acquired a more than 50 percent stake in Sanyo.
It has become Japan's second-largest electronics giant, next to Hitachi, Ltd., with anticipated combined sales of 8.66 trillion yen for the business year ending in March.
Stressing that Panasonic and Sanyo have already test-manufactured a storage battery for home use, Otsubo said, "We're positioned closest [among firms] to realizing CO2 emission-free daily life."
By making Sanyo its subsidiary, Panasonic plans to accelerate the development of the storage battery, while planning to sell it together with a system that will enable households to check electricity usage on a home-based TV display.
Solar batteries for home use and fuel cells can generate power but cannot store electricity, making the development of a storage battery an urgent task for related businesses.
Panasonic Corp., which recently made a successful takeover bid for Sanyo Electric Co., plans to market a lithium-ion storage cell for home use around fiscal 2011.
"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," said Fumio Otsubo, president of Panasonic, in a recent interview with The Yomiuri Shimbun.
On Monday, Panasonic announced it has officially acquired a more than 50 percent stake in Sanyo.
It has become Japan's second-largest electronics giant, next to Hitachi, Ltd., with anticipated combined sales of 8.66 trillion yen for the business year ending in March.
Stressing that Panasonic and Sanyo have already test-manufactured a storage battery for home use, Otsubo said, "We're positioned closest [among firms] to realizing CO2 emission-free daily life."
By making Sanyo its subsidiary, Panasonic plans to accelerate the development of the storage battery, while planning to sell it together with a system that will enable households to check electricity usage on a home-based TV display.
Solar batteries for home use and fuel cells can generate power but cannot store electricity, making the development of a storage battery an urgent task for related businesses.
