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Originally Posted by dyna mo
I didn't read anything in that link about increasing efficiency of solar. Did I miss that? That's the big issue eh. I'm buying solar backup for my mh to charge an inverter/battery enclosed system and the prices are crazy low due to the current glut of panels. Buy now in fact.
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Read toward the bottom of the article..
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SolarCity says it won't try to turn out more of the garden-variety panels now clogging the market. Instead, it wants to make panels that are more efficient, and make them at a low cost in huge factories in order to reduce the overall cost of solar electricity. Silevo's relatively complex panels generate more power per square foot than typical panels.
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Reads to me as they want to develop higher end panels but create a affordable market for them.. He is thinking long term and doing something that seems very alien in today's world.. He's keeping the development and manufacturing right here in the US.
This is just my hunch but in his recent moves he has started a battery company and now taken over a solar company. I bet you anything in the next 5 to 10 years he will be producing a power system for homes. The tech is already out there and today you can piece together the components, but it really lacks the final polishing to market it to average consumers.
I'm betting that's part of his angle he likely wants to develop a complete home and car package.