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Panasonic to Buy Sanyo, Focus on Solar and http://www.auburg.de/cheap-levitra-uk Battery Businesses

Last Friday, Panasonic announced that it was buying Sanyo for $9 billion, a deal that Panasonic hopes will launch the company's solar and battery businesses. Sanyo will become a part of the Panasonic group and bring with it their large solar PV business.

As an example of Sanyo's commitment to cialis no rx next day solar energy, the company plans to build a 70MW solar manufacturing facility in Oregon this coming year. Panasonic hopes to capitalize on projects like these, as well as expand into crystalline silicon solar cells and to develop next-generation solar cells.

Along with a large expansion into the solar business, Panasonic will be making "active investments" in lithium-ion batteries for hybrid and electric vehicles. Panasonic hopes the collaboration with Sanyo will bring lucrative contracts with large automakers.

This is a smart move on Panasonic's part. The tide is turning in the jaygalbraith.com electronics sector and businesses need to start moving in a greener direction and expanding their offerings. Consumers have made it known that they want more eco-friendly products and get cialis online eco-saving innovation. This is clearly the path to long-term success for electronics companies.

via Earth2Tech

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