Panasonic Launches New 25-Year Product Workmanship Warranty for Photovoltaic Module HIT®

NEWARK, N.J., May 9, 2017 /PRNewswire/ --

Key Points:

• Panasonic now offers one of the longest product workmanship warranty for solar modules in the residential market, with 25 years fully guaranteed.
• This warranty, coupled with the rigorous testing protocols of the UL Standard, make the Panasonic HIT® one of the safest long-term investments for homeowners.

Panasonic Eco Solutions North America took a big step forward in guaranteeing the long-term viability of its HIT® high-efficiency photovoltaic module, with the introduction of one of the longest product workmanship warranty in the residential solar industry. The warranty for HIT® panels now extends to 25 years, backing up the claim that high-efficiency solar panels are a long-term investment and that they should be treated as such.

Panasonic first entered the solar industry in 1975 and has been revolutionizing solar technology ever since. The innovative heterojunction technology was unveiled in 1990, and Panasonic has meticulously advanced and perfected this high-efficiency solar panel since its inception. With an extensive history in the industry, this product workmanship warranty is the latest example of Panasonic standing behind its products and offering unparalleled guarantees for customers.

"At Panasonic we are proud to not only offer top-of-the-line residential solar panels that will provide huge savings for our customers, but to also stand behind those products and ensure their longevity," said Dan Silver, President, Panasonic Eco Solutions North America. "This 25-year warranty and industry-leading temperature characteristics give our installers yet another asset when advocating for Panasonic HIT® panels to customers."

While most conventional solar panel manufacturers offer 10-year product warranties, Panasonic not only offers a product guarantee that is more than twice as long, but it also now guarantees 91% of rated power over the 25-year warranty, a figure that is significantly better than any other solar module on the market today. Over four decades of R&D, rigorous quality standards and 20 years of mass production have resulted in Panasonic's well-earned reputation for extreme reliability and exceptional performance.

The HIT® photovoltaic panel also features an industry leading temperature coefficient of -0.258%/C, which reflects recent test results from a 3^rd party safety organization. This speaks to the ability of the panels to maintain optimal performance even in high temperature. Panasonic's unrivaled 25-year product warranty, coupled with this advanced temperature co-efficiency standard, will make the HIT® high-efficiency photovoltaic module a secure and profitable long-term investment for homeowners across the country.

For more information about Panasonic solar technology, please visit business.panasonic.com/solarpanels

About Panasonic Eco Solutions North America
Based in Newark, NJ, Panasonic Eco Solutions North America is a division of Panasonic Corporation of North America, the principal North American subsidiary of Panasonic Corporation. The company provides a full range of energy-efficient building solutions, assembly tools, construction tools, heating & air conditioning, lighting controls and ventilation products for professional and industrial use. In Interbrand's 2014 annual "Best Global Green Brands" report, Panasonic Fortune Magazine's 2016 ranking of 50 companies that are changing the world and doing well by doing good.  Specifically cited were its smart and sustainable technologies, including its contributions to the Electric Vehicle revolution. To learn more about the company, visit business.panasonic.com

SOURCE Panasonic Eco Solutions North America