Announced wednesday it will end its production of solar panels at the massive taxpayer funded plant in buffalo after agreeing in 2016 to aid tesla s struggling efforts there.
Buffalo solar panel factory.
Instead of being used to generate jobs and revenues for the company the equipment that is being stored in a warehouse unused by tesla.
Multiple tesla employees have claimed that there is very little.
Buffalo is a city known for snow.
In testimony tuesday empire state development boss howard zemsky tried to put a positive spin on it but he acknowledged that cuomo s gamble of 750 million in taxpayer funds on a buffalo solar.
The buffalo news reports in a recent article that new york state officials are considering selling 50 million in equipment purchased for use at the tesla solar panel factory in buffalo.
The factory s original occupant entered into an agreement with the research foundation for the state university of new york.
It is not the first place one would think to build a solar panel factory.
Originally a steel manufacturing site the 88 acre property located along the buffalo river was transformed to produce solar panels and solar cells.
Tesla secured gigafactory 2 through its acquisition of solarcity in 2016.
Construction of the factory started in 2014 and was completed in 2016 17.
Tesla giga new york or gigafactory 2 is a photovoltaic pv cell factory leased by tesla subsidiary solarcity in buffalo new york the factory owned by the state of new york was built on brownfield land remediated from a former steel mill.
Panasonic s withdrawal from buffalo follows scrutiny of the factory that new york spent close to 1 billion to develop for solarcity the solar energy company tesla acquired in 2016.
In 2013 the site of gigafactory 2 was planned as a clean energy business.
That s the main focus of its solar energy business now and unless tesla uses the pullout to.
New york state spent 958 6 million to build tesla inc s solar panel factory in south buffalo and buy a big chunk of the equipment inside.
But the fate of the buffalo factory squarely rests on whether that solar roof will be a hit for tesla.