Vertical Integration Continues: SolarCity Buys Silevo for $200 Million, Plans GW Factory in NY

In an effort to further streamline its solar business and lower the overall cost of solar energy, SolarCity announced today that it would acquire high-efficiency cell manufacturer Silevo for $200 million. In an effort to scale up the technology, SolarCity plans to construct a 1-GW manufacturing facility located in Buffalo, New York within the next two years.

via Renewable Energy News – RenewableEnergyWorld.com http://ift.tt/1lyfNNp

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