http://www.businessweek.com/articles...solarcity-deal
[b]
http://www.technologyreview.com/news...ar-technology/
Billionaire, Tesla founder, and private space entrepreneur Elon Musk announced yesterday that Solar City, the solar installation company where he is chairman, plans to acquire a startup called Silevo for $200 million (plus up to $150 million more if the company meets certain goals). And with typical bravado, he also said that the company plans to build a huge factory to produce
Silevo’s high-efficiency solar panels, a strategy he claims will make solar power “way cheaper” than power from fossil fuels.
Solar City is one of the country’s largest and fastest-growing solar installers, largely as a result of an innovative business model that allows homeowners and businesses to avoid any up-front cost. If its plans pan out, it will also become a major manufacturer of solar panels, with by far the largest factory in the U.S.