Japanese supplier envisions $5.5bn in fiscal year sales of batteries for data centers

20260917 Data Center Heat Release

Panasonic’s cylindrical lithium-ion batteries are finding a new role as backup power units for data centers. (Nikkei montage/Source photos by Yuya Kakegawa and Panasonic)

MITSURU OBE

September 18, 2026 11:29 JST

TOKYO — Panasonic Energy may be best known for supplying batteries for Tesla’s electric vehicles, but the Japanese supplier says sales to data centers are now driving its growth.