Tesla announced in a blog on Sunday that it will collaborate on PV cell and module production in Buffalo, New York if the merger is approved by shareholders on November 17.
Tesla wants to aquire SolarCity, which is working to open North America’s largest solar module factory in New York. Tesla said the modules will work with its Powerwall and Powerpack storage products, allowing the company to offer an integrated solution for residential, commercial and grid-scale customers.
“We are excited to expand our partnership with Panasonic as we move towards a combined Tesla and SolarCity,” said JB Straubel, Chief Technical Officer and Co-founder of Tesla, in the blog. “By working together on solar, we will be able to accelerate production of high-efficiency, extremely reliable solar cells and modules at the best cost.”
“Panasonic PV cells and modules boast industry-leading power generation performance, and achieve high quality and reliability. We expect that the collaboration talks will lead to growth of the Tesla and Panasonic relationship,” Shuuji Okayama, Vice-president, Eco Solutions Company of Panasonic, added.