US Facilities · Solar cells and modules
Panasonic to make solar cells at Tesla's Buffalo factory
- Company
- Panasonic (Kadoma, Osaka)
- Project
- Solar cell and module production in Tesla's Buffalo factory, Buffalo, New York
- Value
- More than ¥30B (about $256M) in production equipment, per a Panasonic spokeswoman
- Status
- Announced on December 27, 2016; production was planned to start in summer 2017.
- Date
- 2016-12-27
Panasonic will make solar cells and modules at Tesla's factory in Buffalo, New York, and invest more than ¥30 billion in production equipment, according to a Panasonic spokeswoman. Tesla committed to buy the output. The investment figure comes from a media report.
Why it matters
The project extends the Panasonic-Tesla partnership from batteries to solar products and puts Panasonic production in a US plant built with state support.
Sources
Kakehashi M&A News home
