Japan, March 17 -- Panasonic Corporation announced that its Heating & Ventilation A/C Company entered into an agreement to work with tadodeg GmbH, a German based vendor agnostic European leader in home energy management solutions for the first time as a heating equipment manufacturer. Through a €30 million equity investment, Panasonic will strengthen its collaboration with tadodeg. Panasonic will also take a seat on tadodeg's board, deepening operational collaboration to drive greater synergies and accelerate innovation.Air-to-water (A2W) heat pumps extract heat from the ambient air to produce hot water, which is then circulated throughout buildings for heating. Compared to fossil fuel-based heating systems, A2W significantly reduces ...