29 Jul '16, 12pm

Movers & Shakers: Tesla's Gigafactory, UK solar industry job losses and M&A activity - PV…

Tesla’s Gigafactory to provide 10,000 renewable energy jobs The 1000-acre Tesla Gigafactory in Sparks, Nevada. Source: Tesla The Tesla Gigafactory officially opened for business on Tuesday, a little more than two years after construction began. Once fully completed, the US$5 billion factory based in the Nevada desert will be around 10 million square feet – or the size of 262 NFL football fields. Tesla CEO Elon Musk opened the colossal factory doors to media this week, where he revealed that the factory could “easily employ” 10,000 people in the next three to four years. In an interview , Musk said the Gigafactory “is the machine that builds the machine”; in reference to factory’s prospects to nearly double the world’s production of lithium-ion batteries and manufacture the energy storage systems that are to power Tesla’s electric vehicles. As it stands, just 14% of the fac...

Full article: http://www.pv-tech.org/news/movers-shakers-teslas-gigafac...

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Movers & Shakers: Tesla’s Gigafactory, UK solar...

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