Panasonic India solar ops stay strong despite US exit
Company News

Panasonic India solar ops stay strong despite US exit

Panasonic Life Solutions India (PLSIND) has reaffirmed its continued commitment to India’s solar energy market, following Panasonic North America’s decision to exit its solar and battery storage business. The company clarified that this restructuring move will not impact operations in India.

Through its division Panasonic Electric Works India (PEWIN), the firm plans to scale up its solar portfolio and distribution network in India. It aims to cater to both residential and commercial demand while collaborating with developers, installers, and government agencies to support India’s clean energy goals.

Panasonic will continue offering high-efficiency solar panels and has assured customers of uninterrupted service, product warranties, and after-sales support.

“India remains a strategic market for Panasonic’s solar business, and we are fully aligned with the country's renewable energy ambitions,” said Sanjay KVS, Business Unit Head, PEWIN. He added that Panasonic would continue investing in innovation and partnerships to strengthen its presence in the Indian solar sector.

Panasonic Life Solutions India (PLSIND) has reaffirmed its continued commitment to India’s solar energy market, following Panasonic North America’s decision to exit its solar and battery storage business. The company clarified that this restructuring move will not impact operations in India.Through its division Panasonic Electric Works India (PEWIN), the firm plans to scale up its solar portfolio and distribution network in India. It aims to cater to both residential and commercial demand while collaborating with developers, installers, and government agencies to support India’s clean energy goals.Panasonic will continue offering high-efficiency solar panels and has assured customers of uninterrupted service, product warranties, and after-sales support.“India remains a strategic market for Panasonic’s solar business, and we are fully aligned with the country's renewable energy ambitions,” said Sanjay KVS, Business Unit Head, PEWIN. He added that Panasonic would continue investing in innovation and partnerships to strengthen its presence in the Indian solar sector.

Next Story
Infrastructure Energy

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Next Story
Real Estate

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world..

Next Story
Real Estate

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App