Tag: Silevo
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SolarCity Will Build World’s Most Efficient Solar Panels In America
SolarCity announced October 2 it has developed the world’s most efficient solar panels and expects to build 10,000 a day at its new 1GW factory in Buffalo.
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SolarCity Silevo Solar Module Aim: 50¢/Watt, 24% Efficiency
SolarCity’s goals for the Silevo solar module manufacturing facility under development in Buffalo, New York, are certainly not unambitious ones — based on the company’s recent SEC filing detailing the achievements needed via its performance-based compensation plan to vest tranches of shares. Amongst these achievements, is the meeting of production costs of just 50¢/watt for […]
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SolarCity Gigafactory Ceremony Includes Governor Cuomo
The much ballyhooed SolarCity “Gigafactory” under construction in Buffalo, New York, recently saw a new milestone passed in its development — with the “topping off” ceremony for the 1.2 million-square-foot facility recently taking place, and seeing the attendance of a wide range of important figures. As part of the ceremony, New York Governor Andrew Cuomo […]
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SolarCity & JP Morgan Announce $350 Million For Solar Projects
SolarCity and financial giant JP Morgan have announced more than $350 million in additional financing for new home solar projects. This is SolarCity’s second go around with JP Morgan in solar financing within two years. In 2013, both companies created a $170 million fund to help projects get off the ground. Currently, SolarCity leads the US residential […]
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SolarCity Growing Its Operations In 7 States
SolarCity , the top US home solar panel installer, has said that it’s increasing operations in seven states with twenty new operations centers, adding 600 new jobs. After tripling its new customer base within the last quarter, the company plans on putting the centers in Arizona, California, Delaware, Maryland, Massachusetts, Nevada, and New York. It’s […]