Panasonic and Macerich Form Strategic Renewable Energy Partnership

Panasonic Eco Solutions North America and Macerich MAC, have aligned to begin the first phase of a multi-property retail real estate solar power program. Over the next 12 months, solar installations at a total of 12 Macerich shopping centers in Arizona, California, New York and Connecticut are expected to yield 10.2MW to 12MW of clean energy – enough power for approximately 10,000 homes. "The Macerich portfolio represents an ideal opportunity for Panasonic to deliver an end-to-end solar solution on a large scale with an ideal partner," said Jim Doyle, President, Panasonic Eco Solutions North America. "We are delighted to have forged a strong partnership with Macerich and look forward to developing more solar opportunities across their national portfolio in the future."