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.
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.
The moment of truth is coming for the consolidation of Elon Musk’s clean energy empire.
Tech entrepreneur tweets brisk details of joint Tesla-SolarCity launch next month of integrated solar rooftop, Powerwall 2.0 battery and Tesla charger.
An investor has filed for an injunction to stop the merger, in one of the four lawsuits challenging the deal.
The SunEdison roadshow continues as GCL-Poly move in and TerraForm Power holds on to staff, while the SolarCity-Tesla merger trundles onwards despite a few unexpected bumps in the road.
A Securities and Exchange Commission (SEC) filing by Tesla on Wednesday revealed that the investment bank that advised SolarCity on its sale to Tesla, Lazard Ltd, double-counted some of the company’s projected indebtedness, resulting in a $400 million undervaluation.
The Austrian inverter specialist opens sales, product management and R&D center in San Francisco to better serve U.S. markets and commitments. Partnership with Tesla expected to be strengthened.
Today we bring you the first weekly collection of stories from the new pv magazine USA website.
Elon Musk gave scarce information on developments at the world’s largest battery factory in Tesla’s Q2 results.
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