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June 17, 2014 06:25 pm GMT

SolarCity Acquires Silevo To Become A Large-Scale Solar Panel Producer

tc-Solar_City-Musk-Coden_0079Elon Musk’s SolarCity has acquired Silevo, a solar panel manufacturing and design firm that produces low-cost, high-output photovoltaic cells, the company announced today. The deal will help SolarCity “achieve a breakthrough” in solar power pricing thanks to “massive economies of scale,” according to a blog post on the SolarCity website.Already, the company is… Read More

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