Sanyo to Enter Energy Solutions Market

Nov 2, 2009 15:17 Nikkei Electronics Asia

Sanyo Electric Co Ltd says it will be entering the energy solutions business with system proposals to reduce running costs and CO₂ emissions for factories, schools, stores and other facilities. The company intends to expand the energy solutions market from large-scale facilities such as factories and high-rise buildings to small- and medium-scale users such as retail stores, schools, and homes.

The company will offer systems that combine its technologies for energy creation (solar cell), energy storage (rechargeable battery), and energy saving (commercial equipment).

The objective of the energy solution business will be to provide smart energy systems (SanyoSES) that reduce running costs by saving energy while reducing CO₂ emissions. With an SES, electricity from solar panels or from the grid, drawn late at night when power rates are cheaper, is stored in rechargeable batteries. Power conditioners are then utilized to ensure the most efficient use of power for refrigerated showcases, air conditioning, and lighting.

Sanyo will develop this business area by maximizing its strengths -- including commercial equipment, which has secured a large market share due to energy-saving features based on heating and cooling technologies developed over many years. The company will also use its strength in high-quality rechargeable batteries, drawing on a wide range of technologies developed for public and commercial applications, as well as HIT solar cells, which offer what are claimed to be the world's highest-level energy conversion efficiency at the practical level.

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