Panasonic Life Solutions India collaborates with Aerem Solutions to offer financial assistance to solar customers. The company aims to sell over INR 500 crore worth of solar products.
Energy solutions distributor Panasonic Life Solutions India has partnered with Aerem Solutions, the parent company of NetZero Finance, to streamline financial assistance for customers in the residential, commercial, and industrial sectors seeking solar solutions.
With a target of selling over INR 500 crore worth of solar products, both companies recently inked a Memorandum of Understanding (MOU).
The MOU represents a structured framework wherein Aerem Solutions, utilising its financial arm NetZero Finance, will furnish tailored loan facilities to Panasonic solar customers. This collaboration also highlights the joint commitment of both entities towards fostering a sustainable future by enhancing the accessibility and affordability of solar energy.
This partnership is expected to boost the adoption of Panasonic’s solar energy solutions in India, aligning with the nation’s ambitious energy targets and bolstering sustainable development initiatives.
Anand Jain, CEO of Aerem Solutions, expressed his enthusiasm about the partnership to drive the adoption of solar energy solutions. He highlights that the company has enabled over 350 MW of solar capacity since its establishment.
This partnership aligns perfectly with their mission to provide financial support for solar energy projects, making renewable energy more accessible to a broader audience. Together, they aim to empower individuals and businesses to transition to cleaner energy sources, thereby contributing to a greener planet.
Amit Barve, BU Head, Solar BU – Panasonic Life Solutions, emphasised the Panasonic Group’s aim to achieve both a better life and a sustainable global environment by creating impacts from actions that reduce our Co2 emissions, contribute to avoiding Co2 emission of society and realise a circular economy. This partnership is a step ahead in helping society reduce CO2 emissions by facilitating easier Solar energy adoption.
