The move is part of a wider effort by the Panasonic Group to consolidate certain consumer products "in order to take advantage of the strengths of each company within the group". The company says that the new branding will allow it to merge Sanyos solar expertise with its global network. Sanyo became a fully-owned subsidiary of Panasonics this year.
According to Shigeki Komatsu, director of the Solar Division of Sanyo Component Europe GmbH, "The current manufacturing operations and sales structure will continue under the Panasonic Group. The Group will continue to invest in the solar business, allowing us to offer a higher level of service to our business partners and provide our customers with higher quality, more efficient modules."
A spokesperson tells pv magazine that Sanyo will continue to produce the photovoltaic modules in Hungary. The company has a module manufacturing capacity of 315 MW in the country, across three facilities, the last of which opened this March. Globally, the company has a solar cell capacity of 565 MW and a module capacity of 680 MW, with production facilities in Hungary, Japan and Mexico.