Tesla Motors
Tesla Motors owes $1.7 billion to Panasonic Corp for electric vehicle batteries. Credit: Tech2

They have concluded an agreement to manufacture photovoltaic (PV) cells and modules at the site, with production planned to commence in the summer of 2017.

Panasonic has committed to investing over $256 million in the Tesla plant.


While Tesla is making a long-term purchase commitment from Panasonic as part of the deal, besides providing factory buildings and infrastructure.

Editorial Team
The Editorial Team comprises a diverse and talented team of writers, researchers and subject matter experts equipped with data and insights to deliver useful news updates. We are experts with the mission to inform, educate and inspire the industry. We are passionately curious, enthusiastic, and motivated to positively impact the world. Send us a tip via hello @ pvbuzz [dot] com.

Mexico hits 20 GW clean energy, expects jump in solar capacity

Previous article

Uganda turns on 10 megawatt solar power plant

Next article

You may also like


Comments are closed.

More in News