Panasonic Corporation shareholders intend to invest $ 260 million in the continuation of construction for production of solar plant in the State of New York (Buffalo). This is reported by foreign journalists edition of The Wall Street Journal referring to representatives of the Japanese company. According to official information, the company will be put into operation this summer.
Recall that at the moment the aforementioned industrial complex is owned by US holding company Tesla Motors. Previously, the object belonged to the shareholders of the power supply of California SolarCity. The deal on the transfer of assets took place in October 2016 year. In this context, representatives of Panasonic Corporation act in the role of co-investors of the project.
The cooperation is aimed at enhancing the partnership between the two companies: in particular, we are talking about signing a long-term contract for the purchase of Panasonic products. In addition, Japanese investors also expect access to the productive capacity of the American concern.
Panasonic Corporation is a Japanese multinational company, a manufacturer of electronics and computer chips. The company was founded in 1918 and currently is one of the global leaders in its industry. The cooperation between Tesla Motors and Panasonic Corporation has been going on for several years. Today exactly Panasonic is the main supplier of battery parts for the American automaker.
Also read: Panasonic invests $ 1.6 billion in the construction of the Tesla Gigafactory plant
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The recent scandal with financial fraud and losses of $ 4.5 billion in the Toshiba Company led to the fact that the Japanese giant’s shares collapsed by 43%. Toshiba is the oldest Japanese manufacturers of electronics and has been on the market for 140 years. All events that occur in the company significantly affect the […]
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Saturday morning in the company of LDaily and our traditional surveys of the most prominent, important and interesting events in the world of business in a week – is a great chance to start the day not only pleasantly , but also with the use. After all, the information is always an advantage, the quality […]
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