Elon Musk And SolarCity To Collaborate On Massive Solar Farm In New York

One has to wonder if Elon Musk if even human. When he's not busy working on electric supercars, he's launching satellites into space. And when he's not doing that, he's working to plant a massive solar field in New York. The latest news involving one of today's greatest innovators has arrived this week, with SolarCity announcing an agreement to acquire Silevo, a solar panel technology and manufacturing company whose modules have demonstrated a unique combination of high energy output and low cost.

Musk's SolarCity is presently in discussions with New York to build an initial manufacturing plant, continuing a relationship developed by the Silevo team. Straight from Musk's mouth: "At a targeted capacity greater than 1 GW within the next two years, it will be one of the single largest solar panel production plants in the world. This will be followed in subsequent years by one or more significantly larger plants at an order of magnitude greater annual production capacity."

Musk is pretty serious about using the sun to produce the majority of society's electricity, and while many may scoff, he has proven folks wrong time and time again. Here's hoping he makes this one a success as well. Mother Earth sure could use a break, and Musk might be the guy to provide it.
Via:  SolarCity
MikeCammisa 6 months ago

I would take anything over national grid here, bunch of scalping thieves!

sevags 6 months ago

There is so much more to this story than just a solar energy farm in NY! That is the LEAST important part of this news!

Basically Musk sits on the board as the largest shareholder of SolarCity (he is believed to own over at least 25% of shares). SolarCity is purchasing a company called Silevo who claims to have created a solar panel technology that is up to 1/3 more efficient than the competition, their current solar tech is over 17% efficient and claim they are now hitting 22-25% efficiency. Sanyo and Sunpower are currently hitting 17% at the high end while the rest of the competition is only 12-15% efficient. Currently SolarCity uses Kyocera panels for their installations which don't even hit 15% efficiency.

The reason all that is important is because first off there is BILLIONS in being the #1 solar panel producer and the tech shows enough promise for better efficiency in the future. Then there is the fact that Musk will be building gigafactories which will greatly benefit from the technology of Silevo. Next is the possibility for solar panels on the roofs of Tesla cars, yes Toyota and others have done this but using far inferior panels that only powered things like the A/C. Finally it is Musks grand goal of reaching Mars with his other company SpaceX, imagine very efficient solar panels on the surface of mars or power future Mars-mobiles.

Forget the gigafactory, watch Musk turn this purchase into a world altering event!

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