Mumbai, Maharashtra – June 24, 2024 – Panasonic Life Solutions India Private Limited (PLSIND), a leading player in the distributed solar energy sector, is excited to announce a new partnership with the State Bank of India (SBI), one of India’s most renowned financial institutions. This strategic alliance aims to support the Indian government's ambitious goal of achieving 500GW of renewable energy capacity by 2030 by making solar energy solutions more accessible to individuals and businesses.

Panasonic Life Solutions India (PLSIND) is pleased to announce a new partnership with the State Bank of India (SBI). This strategic alliance is designed to support the Indian government’s ambitious goal of achieving 500 GW of renewable energy capacity by 2030, by making solar energy solutions more accessible to individuals and businesses.

Aerem Solutions and Panasonic Life Solutions India Private Limited (PLSIND) have signed a Memorandum of Understanding (MoU) to provide solar financing to its customers. 

Through this partnership, Panasonic hopes to sell over US$500 million worth of solar products through this by helping its homeowners and C&I clients get financial support. 

Aerem Solutions in accordance with the agreement will offer customised loan options to consumers of Panasonic solar products through its financial division, NetZero Finance.