The first product of Tesla / SolarCity solar roof will

The head of Tesla Elon Musk announced the release of new products in the reporting meeting of SolarCity, which summed up the financial results for the second quarter 2016. Entrepreneur included in the company's board of directors, however, his interest in this event is due to the upcoming deal - in late July, Tesla made the final decision to purchase SolarCity for $ 2, 6 billion deal has not yet been concluded, although Tesla shares after the announcement of the merger fell by 10%, and experts. lashed out at the decision mask.




A startup SolarCity is installing facilities and infrastructure for the collection of solar energy. Musk The meeting stressed that no individual modules will be following the company's products that are installed on the roof, and the final coating - a sun roof. Probably, it is a roof of solar panels.

Chapter SolarCity, Lyndon Raivo noted that before the end of the year start to release two products. By this time, the final deal will be issued for the sale of the company.

Raivo also confirmed that the startup is preparing to release coating for roofs. According to him, this will open up a new market for the SolarCity. Every year in the United States set the 5 million new roofs. According to Raivo, many do not want to invest in solar panels, as the roof is often necessary to change or update. The finished proposal just for those who are planning renovations, as they will be able to upgrade the roof and, at the same time, to acquire a source of solar energy.



Production of solar panels will take place at the factory with capacity of 1 GW, which is based in Buffalo. SolarCity plant will start its work in the second quarter of 2017.