Panasonic has just been awarded the Zayed Future Energy Prize from the United Arab Emirates Government for its initiatives and solutions in the area of renewable energy and sustainability.
Panasonic boasts an extensive range of products supported by technologies that create, store, and save energy, and save water such as ‘ECONAVI’ and the solar power generation system, ‘HIT’. It has also played a key role in the development of the Fujisawa Sustainable Smart Town, an eco-conscious, sustainable city that keeps residents at the heart of everything, alongside other partner companies and the city of Fujisawa. Panasonic has received this year’s Zayed Future Energy Prize in recognition of these achievements, which adhere to Panasonic’s management philosophy of social contribution.
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Solar farms will only succeed if Enemalta sees them as complementary to its own generation, rather than as a threat to its revenue, Mark Bajada, the chairman of Bajada New Energy, has warned.
“The energy from a solar farm would obviously reduce a customer’s consumption – and if they are heavy consumers, then the energy saved would be from the highest tariff band of 65c per unit.
“This is the most lucrative band for Enemalta, the one on which its margin is highest, and we understand that it would not want to relinquish it.
“But consumers should have the option of cheaper energy,” he said.
Continue reading the article and see what Mark Bajada had to say on the Times of Malta here
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