6 August 2012

New Panasonic Research and Development in Cardiff

Today Panasonic has announced that is going ahead with its new research and development project in Cardiff. The new investment of £2m into a new facility will research and improve current fuel cell products to be targeted at domestic consumer products.

Nevertheless following this news and investment, this project will create a dedicated expertise small set skilled new jobs.  In this context, if follows that Panasonic already manufacturers fuel cell systems destined at the consumer market however in Japan, this new opening will attempt to grow and introduce in Europe these kind of dedicated products with its innovation and R&D.

This investment in the form of  R&D includes a proportion of £450,000 of funds provided by the Welsh Government.

Business Minister Edwina Hart stated:”Panasonic is one of the global leaders in this low-carbon technology and its excellent news they have chosen Wales for this prestigious research programme. I welcome the official confirmation today and am delighted the Welsh Government helped secure the investment with £456,000 support from our Research, Development and Innovation funding programme.”

The way Fuel cells work by converting fuels such as hydrogen and natural gas into electricity processed by an electro chemical reaction, as a result the heat generated is able to heat buildings. It then follows that it is possible that heating , hot water and electricity present at homes will produce lower emissions in terms of their carbon foot print .