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Science/Tech
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Title: Tesla, Panasonic team up to build solar cells
Source: [None]
URL Source: http://www.upi.com/Business_News/20 ... ls/2141476703142/?spt=hs&or=bn
Published: Oct 17, 2016
Author: Ed Adamczyk
Post Date: 2016-10-17 07:57:09 by Tatarewicz
Keywords: None
Views: 73
Comments: 1

Tesla Motors and Panasonic Corp. announced plans to produce photovoltaic cells and modules in a Buffalo, N.Y., plant owned by SolarCity Corp., pending Tesla's purchase of SolarCity. r

PALO ALTO, Calif., Oct. 17 (UPI) -- Tesla Motors and Panasonic Corp. announced an agreement to produce photovoltaic cells and modules in a new plant in Buffalo, N.Y.

The deal is contingent of Tesla's acquisition of SolarCity Corp., a California-based designer of solar power systems currently constructing the Buffalo plant. Tesla, manufacturers of electric-powered automobiles, plans to use the cells and modules in a solar energy system with Powerwall and Powerpack, Tesla cars' energy storage products. Production in Buffalo is expected to begin in 2017.

Tesla and Panasonic signed a non-binding letter of intent, a statement issued Sunday said. The two companies are already collaborating on making electric vehicle and grid storage battery cells in a Reno, Nev., factory known as the Gigafactory, which employs 1,000 people.

"We are excited to expand our partnership with Panasonic as we move towards a combined Tesla and SolarCity. By working together on solar, we will be able to accelerate production of high-efficiency, extremely reliable solar cells and modules at the best cost." JB Straubel, Tesla chief technical officer, said in a statement.

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#1. To: Tatarewicz (#0)

Tesla, Panasonic team up to build solar cells

Someone has got to do it since Solyndra went belly up. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2016-10-17   8:16:42 ET  Reply   Trace   Private Reply  


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