Tesla gigafactory to combine Silevo, Panasonic HIT solar technologies
Panasonic will operate the Buffalo “gigafactory”, and sell modules to Tesla/SolarCity.
USD 300 million partnership between SolarCity and Credit Suisse
The Swiss financer has agreed to a new fund with SolarCity to finance USD 300 million in residential solar projects across the U.S., as SolarCity continues to develop influential partnerships ahead of its proposed merger with Tesla.
Panasonic to take over PV cell, module production at SolarCity gigafactory in Buffalo
The two firms have signed a non-binding letter of intent to collaborate on the production of solar modules and cells at Tesla’s Buffalo facility, and to source Panasonic cells. The deal rests on completion of Tesla’s SolarCity acquisition.
Tesla, SolarCity set November 17 as date for shareholder votes
The moment of truth is coming for the consolidation of Elon Musk’s clean energy empire.
Altus Power America raises $200 million from Wall Street
Goldman Sachs, Global Atlantic Financial Group and Blackstone subsidiary bet heavily on Altus’ future as a solar developer.
SolarCity raises another $347 million, switches CFOs
Tanguy Serra will be stepping down from his post as president as well at the end of the year.
SunPower subsidiary suing SolarCity for IP theft
Case by Cogenra Solar and Khosla Ventures filed in San Francisco yesterday accuses SolarCity and its subsidiary Silevo of misappropriating trade secrets concerning shingling technology. SolarCity refutes case, and alleges trade-secret theft of SunPower employee.
Ups and Downs: The pv magazine USA news digest
This week saw bad news and good news in the U.S. Solar market, with layoffs at Enphase and a congressional investigation, but also some positive market momentum in Minnesota and several large projects announced in Western states.
Musk to unveil Tesla/SolarCity solar roof next month
Tech entrepreneur tweets brisk details of joint Tesla-SolarCity launch next month of integrated solar rooftop, Powerwall 2.0 battery and Tesla charger.
Lawsuits attempt to stop Tesla acquisition of SolarCity
An investor has filed for an injunction to stop the merger, in one of the four lawsuits challenging the deal.
