SolarCity breaks ground on huge solar factory in New York, strikes deal with state

Gigaom

SolarCity broke ground on its massive solar panel manufacturing facility in Buffalo, New York on Tuesday, according to a release from New York Governor Andrew Cuomo. The facility, when, and if, fully completed in early 2016 is supposed to make a gigawatt worth of solar panels a year, in the one million square foot facility on 88 acres of land in the development park called RiverBend in South Buffalo.

SolarCity — led by Chairman Elon Musk and his cousins CEO Lyndon Rive and CTO Peter Rive — is following a similar strategy to the one that Musk is using for his electric car company Tesla, with Tesla’s plans to build a massive battery factory outside of Reno, Nevada. The similar strategies are causing some to refer to the new SolarCity factory as Elon Musk’s other “Gigafactory.”

Solar startup Silevo, which SolarCity announced it would buy for $200 million this summer…

View original post 603 more words

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s