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Tesla, Panasonic to collaborate on solar cells production

Published 17/10/2016, 04:23
© Reuters. A Tesla logo hangs on a building outside of a Tesla dealership in New York

(Reuters) - Tesla Motors said it would collaborate with Panasonic Corp to manufacture solar cells and modules in Buffalo, New York.

Under the agreement, Tesla said it will use the cells and modules in a solar energy system that will work seamlessly with its energy storage products Powerwall and Powerpack.

© Reuters. A Tesla logo hangs on a building outside of a Tesla dealership in New York

Panasonic is expected to begin production at the Buffalo facility in 2017 and Tesla intends to provide a long-term purchase commitment for those cells, Tesla said in a statement.

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