Panasonic Celebrates 20th Anniversary of High-Efficiency Solar Panel HIT® Mass Production

NEWARK, N.J., Jan. 23, 2017 /PRNewswire/ --

Key Messages:

• Celebrating 20 years of large-scale production of the innovative solar panel HIT®
• Low-temperature co-efficiency allows for high-efficiency even in intense heat

2017 has been a great year for Panasonic Eco Solutions North America thus far, as the company is now celebrating the 20^th anniversary of the HIT® mass production that revolutionized the solar industry. HIT® uses a unique hetero-junction cell structure composed of mono-crystalline and amorphous silicon layers to maximize the efficiency of each solar cell. This allows Panasonic to consistently offer the most value to their consumers, and this technology has changed how the solar industry views high-efficiency panels.

Once seen as a luxury that few could realistically afford, Panasonic has continuously updated and innovated the HIT® to make them some of the most efficient solar panels available to residential consumers. As the technology has improved over the years, the price of these panels has gone down and the potential savings for consumers has increased drastically.

"Panasonic is proud to offer high-efficiency solar panels that can provide meaningful savings for our customers while making a lasting impact on every consumer's carbon footprint," said Dan Silver, President of Panasonic Eco-Solutions Company. "20 years later, our sustained commitment to R&D is reflected in our various efficiency records in laboratory settings and we will continue to strive to be the company of choice in the residential solar market. We are thrilled to have made such great strides to this point but we know that there is much work still to be done, and we look forward to the continued growth of the HIT® and the solar industry as a whole."

As one of the pioneers of the residential solar industry, Panasonic can point to its outstanding brand loyalty and company history as reasons for its success. A multinational company with considerable resources, Panasonic will stand behind its products for years to come, giving customers legitimate peace of mind. This remarkable level of reliability is reflected in the solar panels HIT®, the most consistent high-efficiency panels on the market since their inception 40 years ago. The continued innovation of HIT® is resulting in the growth of high-efficiency panels throughout the solar industry, as customers of all kinds are realizing the benefits of the HIT® panels' premium performance which leads to more cost savings in the long run.

Panasonic currently boasts one of the best temperature coefficients (-0.29%/°C) in the market of residential solar, allowing the HIT® panels to operate at peak efficiency even in intense heat. This is just another example of Panasonic's commitment to constantly improving the product for the benefit of every consumer.

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 efficiency 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 ranked number five overall and the top electronics brand in the report. As part of continuing sustainability efforts, Panasonic Corporation of North America relocated its headquarters to a new facility, adjacent to Newark Penn Station in Newark, NJ. It is the first newly constructed office tower in Newark to earn both LEED Platinum and Gold certifications from the U.S. Green Building Council. To learn more about the company, visit http://www.panasonic.com/business/pesna/eco-construction-solutions/.

SOURCE Panasonic Corporation of North America

Related Links

http://www.panasonic.com