Panasonic takes Japan’s bet on hydrogen power to a new level


Prime Minister Yoshihide Suga’s October pledge to make Japan carbon-neutral has been a “tailwind” for Panasonic’s hydrogen-factory project, and the company intends to commercialise the system by fiscal 2023 and sell it globally, said Norihiko Kawamura, manager of Panasonic’s hydrogen business promotion office.

TOKYO: Panasonic Corp is turning a fuel-cell factory in the lakeside city of Kusatsu in central Japan into what could be the world’s first hydrogen-based plant powered entirely by renewable energy.

Prime Minister Yoshihide Suga’s October pledge to make Japan carbon-neutral has been a “tailwind” for Panasonic’s hydrogen-factory project, and the company intends to commercialise the system by fiscal 2023 and sell it globally, said Norihiko Kawamura, manager of Panasonic’s hydrogen business promotion office.

Japan was an early leader in developing hydrogen as an alternative to fossil fuels. The country began investing heavily in the gas in the 1970s when the first of several oil shocks exposed its reliance on imported petroleum.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Panasonic Corp , Japan , hydrogen power ,

Next In Business News

Capital A expect to exit PN17 status by year-end
Felda proposes establishing national taskforce to develop oil palm carbon framework
Bursa Malaysia remains lower at midday, KLCI down 0.54%
Geohan secures RM59mil contracts for Penang LRT project
MUI Properties to buy Ijok land for RM605mil
Geohan sets sights on Singapore to drive regional growth
DRB-Hicom shares up on revised US$110.62mil purchase price for Spirit MY
AirAsia X eyes second-tier cities and broader Europe-Central Asia connectivity next year
Japan's Nikkei skids in subdued Asia as bets of rate hike grow
Oil prices head for 2% weekly gain as Fed hopes boost market, Venezuela tensions loom

Others Also Read