Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

How Traders Capitalized on Oil’s Extreme Price Swings

July 4, 2025

U.S. shale to slow drilling as Trump’s tariffs rattle executives – Oil & Gas 360

July 3, 2025

EnerMech lands multi-year contract for Triton FPSO in North Sea

July 3, 2025
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Panasonic exits solar and battery storage
Battery / Storage Tech

Panasonic exits solar and battery storage

omc_adminBy omc_adminMay 1, 2025No Comments3 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


Panasonic has told its installation partners that it will no longer produce products for the residential solar and storage markets, but will continue to offer warranty and installation support for existing and ongoing projects.

Panasonic told its North American installation partners in an April 28 letter that it will discontinue its solar and battery storage business. The letter, signed by Naoki Kamo, president of Panasonic Eco Systems North America, was shared in full by an installer on Reddit and partially published on the company’s website.

“This was a strategic decision – not a reflection of the technology’s performance or the commitment of our partners like you,” the letter said. “While we continue to believe in the potential of solar and energy storage, it is no longer the right business fit for us at this time.

Panasonic pledged to honor all warranties, including those for systems not fully installed, and committed to supporting customers with clear guidance on third-party warranty coverage. Support will continue via the company’s website and a dedicated email channel.

While exiting the residential solar and storage market, Panasonic continues to invest in battery cell manufacturing for electric vehicles. Its $4 billion battery facility in Kansas, announced in 2022, is scheduled for completion in the first half of 2025. The company also remains active in other clean energy technologies, including heat pumps.

This announcement marks the end of Panasonic’s role in the solar industry, a position it cemented after acquiring Sanyo in 2009. Sanyo, a pioneer in heterojunction solar cell technology, was fully integrated into Panasonic by 2011. Its HIT (heterojunction with intrinsic thin-layer) modules – launched in 1997 – were the world’s first commercially available heterojunction (HJT) solar panels. According to the company, the “solar cells used are a hybrid with a unique structure comprised of a thin mono-crystalline silicon wafer surrounded by ultra-thin amorphous silicon layers,” a design praised for its strong performance in high temperatures and real-world conditions.

Following the rebranding of Sanyo’s HIT modules under the Panasonic name, the company remained a prominent player in residential solar, eventually expanding its product line to include Evervolt battery systems and all-black HJT modules with conversion efficiencies of more than 22%.

Despite its strong technology, Panasonic gradually shifted from in-house manufacturing to OEM partnerships as cost competition, particularly from Chinese suppliers, squeezed margins and reshaped the global solar market.

In 2021, the company officially exited the solar panel manufacturing business. One final release under the Panasonic brand followed, even after it had sold its solar module IP. To this day, Panasonic’s legacy modules remain among the top sellers in the U.S. residential market.

pv-magazine.com



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

US startup Lyten to take over Northvolt’s energy storage systems factory in Poland

July 1, 2025

Berlin to gain 270 more articulated electric buses from Solaris

July 1, 2025

BYD to invest $94 million to triple electric bus output in Hungary

June 30, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

LPG sales grow 5.1% in FY25, 43.6 lakh new customers enrolled, ET EnergyWorld

May 16, 20254 Views

South Sudan on edge as Sudan’s war threatens vital oil industry | Sudan war News

May 21, 20253 Views

Trump’s 100 days, AI bubble, volatility: Market Takeaways

December 16, 20072 Views
Don't Miss

EnerMech lands multi-year contract for Triton FPSO in North Sea

By omc_adminJuly 3, 2025

EnerMech has been awarded a three-year fixed term contract with a further two by two-year…

PETRONAS signs 20-year LNG purchase deal with Venture Global

July 3, 2025

Seatrium secures FSRU conversion contract with Kinetics

July 3, 2025

Perenco Vietnam signs new production sharing contract for Block 15-1

July 3, 2025
Top Trending

Extreme heatwaves may cause global decline in dairy production, scientists warn | Extreme heat

By omc_adminJuly 3, 2025

Impact Investor responsAbility Appoints Nadia Nikolova as New CEO

By omc_adminJuly 3, 2025

ISSB Kicks Off Update of Sector-Focused SASB Sustainability Reporting Standards

By omc_adminJuly 3, 2025
Most Popular

The 5 Best Soundbars of 2025

May 6, 20251 Views

Energy Department Lifts Regulations on Miscellaneous Gas Products

May 2, 20251 Views

The 5 Best 65-Inch TVs of 2025

July 3, 20250 Views
Our Picks

Trump’s ‘One Big Beautiful Bill’ will strengthen U.S. offshore industry, says NOIA

July 3, 2025

Crude’s Drop, Strong Ruble Cut Russian Oil Revenue to 2-Year Low

July 3, 2025

Oil Slips as US Plans Iran Talks

July 3, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.