Wednesday, December 28, 2016

Tesla, Panasonic to make solar cells in Buffalo, New York

Via Billy

http://media.breitbart.com/media/2016/11/wi/ap/10/333g3gb-photo-50-e1482854641834-640x480.jpg

Japanese electronics company Panasonic and U.S. electric car maker Tesla said Tuesday they plan to begin production of solar cells at a factory in Buffalo, New York.

The two companies said they finalized an agreement calling for Tokyo-based Panasonic to pay capital costs for the manufacturing. Palo Alto, California-based Tesla made a "long-term purchase commitment" to Panasonic.

Their statement gave no financial figures.

The factory in Buffalo is under development by SolarCity Corp., a San Mateo, California-based solar panel company owned by Tesla. The photovoltaic cells and modules will be used in solar panels for non-solar roof products and solar glass tile roofs that Tesla plans to begin making, the announcement said.

More @ Yahoo

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