Along with changing its name from Tesla Motors to Tesla Inc. the electric vehicle and battery maker will eliminate the SolarCity brand.
This is one of three massive systems which SCE has contracted to meet peak demand following its Aliso Canyon gas leak, as a new test for the abilities of energy storage.
The 70 MW system is just one aspect of the plant’s commitment to 100% sustainability – but the company says it will be seven-times larger than the largest rooftop solar system currently installed.
The factory is producing lithium-ion batteries both for Tesla’s energy storage products and electric vehicles
With massive market growth, the bankruptcy of SunEdison and the election of a pro-coal climate denier as president, 2016 really was the best and the worst of times.
Panasonic also take over capital costs at the new factory in Buffalo, and its HIT technology will be used in the Solar Roof product
Sammons Renewable Energy led the equity portion of the $241 million cash equity transaction, which closed last week.
The collaboration between the two companies is moving beyond Panasonic running the Tesla/SolarCity gigafactory, and will enable Panasonic to re-open a factory in Japan.
The 1.4 MW solar and 6 MWh battery system will supply power to the 600 residents of Ta’u, replacing the island’s diesel generators.
The largest residential solar developer is now officially part of Elon Musk’s electric vehicle and battery empire.
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