U.S. electric car maker Tesla says it plans to start working with Panasonic Corp. on solar energy. Panasonic had no immediate comment Monday on Tesla's statement on its corporate blog that the companies have signed a non-binding letter of intent to begin collaborating on production of photovoltaic cells and modules at Panasonic's facility in Buffalo, New York. The deal requires shareholders' approval of Tesla's plan to acquire solar panel maker SolarCity Corp. of San Mateo, California. Tesla, based in Palo Alto, California, said the cells and modules would be used with its energy storage products. Tesla CEO Elon Musk says SolarCity's installation network and Tesla's global energy storage could provide customers a one-stop shop for sustainable energy and transportation.
Like other cities, Albuquerque set a goal in 2016 to generate at least 25 percent of energy consumed by municipal buildings using renewable resources. Keller, who took office in late 2017, continued the push with a $25 million project financed by bonds that included installing solar panels at a dozen city-owned buildings.
This Jan. 4, 2017, image provided by the U.S. Energy Department and its contractor Nuclear Waste Partnership shows workers moving waste underground at the Waste Isolation Pilot Plant near Carlsbad, N.M. The repository, the federal government's only underground spot for disposing of low-level nuclear waste, had been shuttered for nearly three years since a 2014 radiation release.
Tesla Motors and Panasonic, already collaborating on a giant battery plant outside Reno, said Sunday they have signed a deal to produce photovoltaic cells and modules in Buffalo, N.Y. The announcement comes as Tesla seeks to acquire solar-energy provider SolarCity, which Tesla said would be involved in sales and financing of the cells. Tesla, maker of electric luxury cars, and Panasonic, the Japanese electronics company which is a big player in batteries, would start making photovoltaic cells in and modules in Buffalo next year, Tesla said. The two firms signed a non-binding letter of intent to make the cells for Tesla's stationary power storage units, the Powerwall and Powerpack. Tesla CEO Elon Musk envisions a world in which families charge their cars and power their homes from SolarCity photovoltaic panels on their roof during the day.
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