Panasonic plans home-use storage cell

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.”

via Panasonic plans home-use storage cell.

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