Published by Jim Heaney
SolarCity is buying Silevo, which last fall announced plans to bring 475 jobs to the city under the Buffalo Billion Program. SolarCity is a much bigger operator and has plans to increase the planned manufacturing plant’s capacity five-fold, which would make it among the largest such facilities in the nation. More jobs are also anticipated, a total of anywhere from 1,000 to 2,500. Beyond the jobs, SolarCity brings noted entrepreneur Elon Musk, whose ventures have included PayPal, Tesla Motors and SpaceX. Will the larger manufacturing capacity necessitate the state upping its $225 million investment to build and equip the clean energy[...]
Posted 11 years ago