Massive battery-maker Sanyo Electric is looking to be acquired by Panasonic forming an almost invincible force in the energy storage space. Now, to make itself even more attractive as an acquisition, its hiking its investment in the solar and automotive battery segments of its business.
The shift may have been motivated by Panasonics latest offer for the company which came in lower than Sanyo had anticipated. Sanyo says it plans to grow its solar operations to 600 megawatts of capacity by 201....
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