Tech giant Panasonic Corporation is demonstrating the power of partnerships with two headline agreements within a matter of days. Last week Panasonic announced an integrated HVAC equipment and building management solution with energy management and automation specialist Schneider Electric. The firms say the joint solution brings new levels of HVAC control and energy efficiency to today’s smart commercial buildings. Then, on Monday, Panasonic announced another deal, this time with Elon Musk’s Tesla. The firms entered into a non-binding letter of intent under which they will begin collaborating on the manufacturing and production of photovoltaic (PV) cells and modules in Buffalo, New York. Tesla will use the cells and modules in a solar energy system that will work with its Powerwall and Powerpack energy storage products. The Panasonic – Tesla deal remains contingent upon shareholders’ approval of Tesla’s acquisition of SolarCity, another of Elon Musk’s companies. With the aid of installation, sales and financing capabilities from […]
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