29 Dec '16, 6pm

Panasonic investing $256M in Tesla's Buffalo solar manufacturing plant

Panasonic investing $256M in Tesla's Buffalo solar manufacturing plant

’s hefty investment in the Buffalo manufacturing plant is the first development since Tesla first named the electronics company as its partner in mid-October, which was contingent on the completion of Tesla’s merger with SolarCity . While that initial announcement came with very few details (in part because the merger wouldn’t be finalized for another month), this update illustrates the enormous scope of Panasonic’s commitment to the solar power market. The PV modules Panasonic produces at Tesla’s facility will be used primarily in the Powerwall and Powerpack systems, Tesla’s off-grid power solutions. While Tesla’s “solar roof” is still on deck, there is no word on when production on that line might begin.

Full article: http://inhabitat.com/panasonic-to-invest-256m-in-teslas-b...

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