Mumbai, Maharashtra – June 24, 2024 – Panasonic Life Solutions India Private Limited (PLSIND), a leading player in the distributed solar power space, is pleased to announce a new partnership with State Bank of India (SBI), one of India’s most prominent financial institutions. The strategic alliance aims to support the Government of India’s ambitious goal of achieving 500GW of renewable energy capacity by 2030 by making solar power solutions more accessible to individuals and businesses.
The collaboration between Panasonic and SBI will provide attractive financing options to customers interested in solar power generation, facilitating a smoother adoption. The initiative aims to break down financial barriers and make the transition to sustainable energy more achievable and attractive.
The company aims to target specific regions with high potential for solar power generation and increase market penetration and adoption rates. By offering customized financing solutions, the company aims to promote the adoption of solar power across the country. The partnership is in line with Panasonic’s efforts to promote sustainable energy solutions, environment Contributes to health and reducing CO2 emissions.
Amit Bhave, Head, Solar Business Unit (PEWIN), Panasonic Life Solutions India, was enthusiastic about the partnership, saying, “We are excited to partner with SBI to offer our customers innovative financing solutions for solar deployment. This partnership will enable more people to harness the power of solar energy and contribute to a greener and more sustainable future. Together, we aim to make solar affordable and sustainable.” attractive This will provide choice to everyone and contribute to reducing CO2 emissions on a global scale.”
This partnership between Panasonic and SBI marks a major step towards achieving India’s renewable energy goals. By making solar energy more accessible, both organizations will contribute to realizing a more sustainable and green future.
About Panasonic Life Solutions India Private Limited
Panasonic has over 45 years of experience in the solar power sector and is the only international company offering locally manufactured solar power products and quality services to the solar power sector. We manufacture high quality and top-of-the-line solar power products like solar modules, inverters, street lights and have recently entered the B2C space with the launch of residential solar power kits. Committed to sustainability and carbon neutrality under its Green Impact mission, Panasonic offers unmatched quality and reliability across residential, commercial and industrial segments. Our mission goes beyond advancements in solar power technology; we are lighting the way to a cleaner and greener future. Join us in our journey to #ChargeUpTheFuture.
Visit – https://lsin.panasonic.com/
