Panasonic and a group of companies are planning on building a new demonstration "smart town" in Kanagawa Prefecture on a site the tsunami destroyed.
Panasonic says it will rebuild with "next-gen power-generating and power-saving infrastructure from the ground up."
From the press release:
"Specifically, the company plans to preinstall its solar power generation systems and home-use storage battery systems across the town, including homes, various facilities and public zones, which would be the first of its kind in the world."
Panasonic also explains that smart towns could become a very lucrative market for them:
"Global demand for the development of new cities, mainly driven by Asia, is expected to reach 3,100 trillion yen by 2030, prompting numerous projects in cities throughout the world for the development of smart cities and eco cities aimed at achieving low carbon societies."
Read the full story: Panasonic Plans to Build a 'Sustainable Smart Town' in Japan by 2014
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