Panasonic forms new Eco Solutions unit, aims to be 'leader in green innovation' by 2018

Panasonic has been touting its eco-minded efforts for quite some time now, but it's gone one step further at the currently-happening Fortune Brainstorm Green Conference. The company has announced the formation of a new Eco Solutions business unit, which will be focused on "end-to-end energy solutions" for the United States and Canada. Things remain a bit vague beyond that, but the company will apparently help design, implement and finance various renewable and energy efficient projects, and Panasonic hopes that the new unit will help it become "the leader in green innovation in the electronics industry by 2018." It does have one firm commitment to get things started though; the new division has partnered with the Denver-based Renewable Social Benefit Funds to develop commercial-scale solar projects in North America -- something Panasonic itself already has a fair bit of experience with.

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Panasonic forms new Eco Solutions unit, aims to be 'leader in green innovation' by 2018 originally appeared on Engadget on Wed, 18 Apr 2012 06:56:00 EDT. Please see our terms for use of feeds.