homehome Home chatchat Notifications


Elon Musk takes on solar panels, to build factories "an order of magnitude bigger"

The energy industry simply isn’t keeping up with what Elon Musk wants to do. Musk, chairman of the solar installer SolarCity and founder of electric car company Tesla Motors announced that SolarCity will acquire a solar panel manufacturer and start building factories “an order of magnitude bigger” than those existing today. This comes just a […]

Mihai Andrei
June 18, 2014 @ 6:45 pm

share Share

The energy industry simply isn’t keeping up with what Elon Musk wants to do. Musk, chairman of the solar installer SolarCity and founder of electric car company Tesla Motors announced that SolarCity will acquire a solar panel manufacturer and start building factories “an order of magnitude bigger” than those existing today. This comes just a few days after Tesla Motors released all their patents – for free.

“If we don’t do this we felt there was a risk of not being able to have the solar panels we need to expand the business in the long term,” Musk said Tuesday in a conference call.

For the future of both companies, the vision is fairly straightforward: make sure that the future has plenty of solar energy, and plenty of electric cars. But here’s where it gets interesting: Musk’s plans could bypass traditional energy companies completely: you have some solar panels to power your home and your car also uses renewable energy. It’s may not happen today or tomorrow, but it seems bound to happen fairly soon.

Going into such a competitive niche, especially with so many businesses going bankrupt recently seems like quite a risk, but Musk seems confident in his company’s ability to sell by making the panels more efficient, and better looking.

“We want to have a cool-looking aesthetically pleasing solar system on your roof,” he said.

SolarCity is currently discussing with the state of New York to build what would be among the biggest factories in the world in the next two years. It would manufacture enough panels each year to produce 1 gigawatt of peak power — roughly enough panels to outfit 200,000 homes with a typical-sized rooftop system.

Personally, I think this is a huge gamble. I think there’s a brilliant vision behind this plan, and if it works, it would empower many people to make their own energy, save money, and have a better quality of life. But is it the right time for this? It’s hard to say, but one thing’s for sure: the solar energy industry just got even more interesting.

share Share

A New Solar Panel Shield Made From Onion Peels Outlasted Industry Plastics in Tests

Natural dye from discarded onion peels outperforms fossil-based UV filters in durability and performance

Old Solar Panels Built in the Early 1990s Are Still Going Strong After 30 Years at 80% Original Power — And That’s a Big Deal for Our Energy Future

Thirty years later, old-school solar panels are still delivering on their promise.

The World’s Largest Solar Plant is Rising in Tibet. It's So Vast It's the Size of Chicago

A desert covered in solar panels and sheep could mark the beginning of the end for coal in China.

A Swiss Pilot Flew a Solar-Electric Aircraft to the Edge of the Stratosphere

A record-breaking flight offers a glimpse into the future of clean aviation

Japan Just Switched on Asia’s First Osmotic Power Plant, Which Runs 24/7 on Nothing But Fresh Water and Seawater

A renewable energy source that runs day and night, powered by salt and fresh water.

Giant solar panels in space could deliver power to Earth around the clock by 2050

A new study shows space solar panels could slash Europe’s energy costs by 2050.

This New Indoor Solar Cell Could Power the Entire Internet of Things Using Only the Light From Your Ceiling

Tiny devices could soon run entirely on indoor light

The AI Boom Is Thirsty for Water — And Communities Are Paying the Price

What if the future of artificial intelligence depends on your town running out of water?

Nearly Three-Quarters of New Solar and Wind Projects Are Being Built in China

China is driving a global shift in energy with a record-breaking expansion of solar and wind power.

Over 90% of global renewable power projects are now cheaper than fossil fuels

Solar is 40% cheaper, and onshore wind is under half the price.