The Danish company says that its collaboration with GE will allow it to become the world’s leading provider of silicon-carbide power modules.
Production of the luxury BIPV product will not begin until “mid-2017”, and a waiting list has appeared on the Tesla site.
The 71 MW project in Jasper County will be joined by a 10 MW project, both of which the power company plans to complete by the end of the year.
The inverter giant’s expansion plans are a response to what it says are favorable market conditions. In addition, the company is introducing new products to the U.S. market, including solutions for battery storage.
The EV, solar and battery company has filed to issue $750 million in convertible notes, and another one million shares of stock in advance of its Model 3 roll-out.
IHS Markit’s latest assessment of U.S. solar contractors finds that Blattner outpaced First Solar to take the top spot in 2016.
Solar industry commentary is echoing state data, which shows that the implementation of net metering 2.0 and time-of-use rates is having a significant negative effect on California’s distributed solar market.