Skip to main content

Tesla Energy is now mainly using its own ‘Tesla-branded’ solar panels made at Gigafactory 2

While we are waiting for Tesla to ramp up its solar roof tiles, the company is starting to use more of its own solar modules.

A new report shows that Tesla Energy is now mainly using its own ‘Tesla-branded’ solar panels made by Panasonic at Gigafactory 2 in Buffalo.

Before SolarCity was bought by Tesla, the company was already working on its own solar panel technology, but it was only installing solar modules from a variety of suppliers.

After the acquisition, Tesla CEO Elon Musk pushed for a product differentiation in solar products.

The solar roof tiles are the most talked about but they also pushed to have their own solar panels.

In 2017, they unveiled the new ‘sleek and low-profile’ exclusive all-black solar panel made by Panasonic.

Tesla made a deal with Panasonic to produce the panels at Gigafactory 2, which they inherited from the acquisition of SolarCity, in Buffalo, New York.

The ramp up was slow, but we have now learned that Tesla successfully ramped up installations using its own panels as 68% of total installs in California during the month of July, 2018, according to the most recent data compiled by ROTH Capital from the California Distributed Generation Statistics (CDGS) and associated contributors – via PV Tech.

As you can see, Tesla is now buying fewer panels from other manufacturers and focusing on its own Tesla-branded panels.

With its third-quarter financial results, Tesla reported that it installed 93 MW of solar capacity during the last quarter.

It was their best quarter of the year and Musk was happy with it:

“We saw higher revenues and significantly better profitability in our energy business, in fact, I think for solar it made them the best quarter ever for solar.”

While residential solar rooftop retrofits are up, Musk also said that Tesla Solar Roof volume production is delayed to next year.

FTC: We use income earning auto affiliate links. More.

Stay up to date with the latest content by subscribing to Electrek on Google News. You’re reading Electrek— experts who break news about Tesla, electric vehicles, and green energy, day after day. Be sure to check out our homepage for all the latest news, and follow Electrek on Twitter, Facebook, and LinkedIn to stay in the loop. Don’t know where to start? Check out our YouTube channel for the latest reviews.

Comments

Author

Avatar for Fred Lambert Fred Lambert

Fred is the Editor in Chief and Main Writer at Electrek.

You can send tips on Twitter (DMs open) or via email: fred@9to5mac.com

Through Zalkon.com, you can check out Fred’s portfolio and get monthly green stock investment ideas.