Panasonic and Sanyo Plan Storage Battery for Home Solar Applications
Now that Panasonic has officially acquired more than 50 percent of Sanyo, it is now Japan's second largest electronic giant. Panasonic and Sanyo have already test-manufactured a storage battery for home use, and 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. Currently, solar batteries for home use and fuel cells can generate power, but they cannot store electricity. This will be a great development for the residential solar industry. Sanyo believes their storage battery will also have applications in automobile cells for eco-friendly cars such as hybrids or electric vehicles.