Mar 19, 2025
- Sustainability
- Feature Story
- Panasonic GREEN IMPACT
- Circular Economy
- Business Solution
- Home & Personal Solution
- ESG Management
Solar power generation systems were set for activation at 13 global Panasonic Industry sites in FY2024, utilizing renewable energy to contribute to achieving net-zero CO2 emissions for the company by 2030.
Implemented through an on-site Power Purchase Agreement (PPA)1 and self-owned systems, the total power generation at the 13 sites is estimated to be 15 GWh/year2, reducing CO2 emissions by 7,781 tons annually. That’s equivalent to the amount of CO2 absorbed by 555,000 cedar trees3 over the same period!
The installation is part of Panasonic Industry’s Environmental Vision, which aims to achieve both “a better life” and “a sustainable global environment” through technologies that contribute to decarbonization and support circular economy.
1 On-site PPA is a system where companies enter into contracts with power operators to purchase renewable energy generated by newly installed power generation facilities. In FY2024, this system was utilized at 8 locations: Saga, Yamaguchi, Kumamoto, Tajima, Kanazu, Tsuyama, Hanoi (Vietnam), and Batam (Indonesia).
2 Calculated assuming a solar power generation rate of 15%.
3 Based on the estimation that each cedar tree absorbs an average of about 14 kg of CO2 per year.
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