Japanese tech giant Panasonic Corp (<a href="https://quote.jpx.co.jp/jpx/template/quote.cgi?F=tmp/e_stock_detail&MKTN=T&QCODE=6752" target="_blank">TYO:6752</a>) will spend EUR 130 million (USD 141.4m) on developing technology for a pilot retrofit project using fuel cells, solar power generation and battery storage, to be adopted by its production facility in Cardiff, Wales, and replicated at another site in Europe.