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Market: Panasonic-SBI support Govt’s renewable goal of 500GW

Fiinews by Fiinews
June 25, 2024
in Marketing
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Panasonic committed to promoting sustainable energy solutions

Panasonic Life Solutions India Private Limited (PLSIND) says its partnership with the State Bank of India (SBI) https://sbi.com.in/ aims to support the Indian government’s ambitious goal of achieving 500GW of renewable energy capacity by 2030 by making solar energy solutions more accessible to individuals and businesses.

The collaboration between Panasonic http://holdings.panasonic and SBI will provide attractive financing options to customers interested in solar energy and help in smoother adoption. This initiative is designed to break down financial barriers, making the transition to sustainable energy more feasible and appealing, Panasonic said on 24 June.

The company is targeting specific regions with high solar energy potential to increase market penetration and higher adoption. By offering tailored financing solutions, they aim to encourage a broader adoption of solar energy across the country https://www.bseindia.com/ .

This partnership is in line with Panasonic’s commitment to promoting sustainable energy solutions, contributing to environmental health, and reducing CO2 emissions https://www.nseindia.com/ .

“This collaboration will enable more people to harness the power of solar energy, contributing to a greener and more sustainable future,” said Amit Barve, Business Unit Head, Solar Business Unit (PEWIN), Panasonic Life Solutions India http://isolaralliance.org .

“We are thrilled to partner with SBI to offer our customers innovative financing solutions for solar energy adoption. Together, we aim to make solar energy a viable and attractive option for all and contribute to global cause of CO2 mitigation https://mnre.gov.in/ .”

This partnership between Panasonic and SBI marks a significant step towards achieving India’s renewable energy goals. By making solar energy more accessible, both organizations are contributing to a more sustainable and environmentally friendly future https://globalsolaratlas.info/map .

With over 45 years of experience in the solar energy sector, Panasonic stands as the only international company providing locally made solar products and high-class services to solar energy sector https://www.iea.org/ .

Committed to sustainability and carbon neutrality under the Green Impact Mission https://www.ibef.org/ , Panasonic delivers unmatched quality and reliability across residential, commercial, and industrial sectors. fiinews.com

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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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