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Home News

Panasonic Partners with SBI to offer Financing to its Solar Customers

Businesswire Desk by Businesswire Desk
June 25, 2024
Panasonic Partnership with SBI for Surya Shakti Solar Finance

Panasonic Partnership with SBI for Surya Shakti Solar Finance

Panasonic Life Solutions India Private Limited announce a new partnership with the State Bank of India (SBI) to support the Indian government’s ambitious goal of achieving 500GW of renewable energy capacity by 2030 by making solar energy solutions more accessible to individuals and businesses.

The partnership between Panasonic and SBI will provide attractive financing options to customers interested in solar energy and help in smoother adoption.

This initiative is designed to break down financial barriers, making the transition to sustainable energy more feasible and appealing.

The company is targeting specific regions with high solar energy potential to increase market penetration and higher adoption.

By offering tailored financing solutions, they aim to encourage a broader adoption of solar energy across the country.

Amit Barve, Business Unit Head, Solar Business Unit (PEWIN), Panasonic Life Solutions India, expressed his enthusiasm about the partnership: “We are thrilled to partner with SBI to offer our customers innovative financing solutions for solar energy adoption. This collaboration will enable more people to harness the power of solar energy, contributing to a greener and more sustainable future. Together, we aim to make solar energy a viable and attractive option for all and contribute to global cause of CO2 mitigation.”

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The partnership between Panasonic and SBI represents a major stride in advancing India’s renewable energy objectives. Both companies are working towards a more sustainable and eco-friendly future by increasing the accessibility of solar energy.

Also Read: Do Our Abilities Match the Ambitions of Smart Cities?

Businesswire Desk

Businesswire Desk

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