Tesla and Panasonic are building a $750 million solar factory

Tesla and Panasonic are building a $750 million solar factory

Today, we wanted to bring you some quick and exciting tech news. Tesla and Panasonic are building a $750 million solar factory in Buffalo, New York so they can start manufacturing solar cells and modules.

Tesla recently unveiled their solar roof and the Powerwall 2, which is their solar powered home battery.

The release of the new solar roof comes from the company’s acquisition of Solar City. The new Tesla roof is designed to replace normal roofing systems by harnessing energy from our sun.

While solar roofs are nothing new, what makes these ones different is the design. Instead of the conventional blue tinted panels that you see on the tops of some houses, these new panels will be virtually indistinguishable from non-solar roofs.

Just like with electric cars, which didn’t look good, had low range and didn’t have good performance, they looked like golf cars. People had a really hard time buying electric cars,” Elon Musk , CEO of Tesla told the crowd gathered at the announcement held at Universal Studios in Los Angeles. “Something similar needs to happen to solar. We need to make solar panels as appealing as electric cars have become.”

Tesla and Panasonic recently finished an agreement to being manufacturing of photovoltaic cells (PV) cells and modules in Buffalo. These high-efficiency PV cells and modules will be used in non-solar roof products.

However, once the solar roof production begins, Tesla will be incorporating the Panasonic solar cells into the roof tiles.

All of these new solar products will fit in seamlessly with Tesla’s solar products, like Powerwall and Powerpack. Production of the PV models will begin this summer, and will go into full overdrive in 2019.

We applaud Elon Musk and the amazing employees at Tesla for fighting to save the environment and reverse climate change.

Watch the full presentation of the solar roof and Powerwall 2 below:

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1. “Tesla and Panasonic Will Begin Manufacturing Solar Cells and Modules in Buffalo, NY.” Tesla. Tesla, 28 Dec. 2016. Web. 07 Jan. 2017.

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