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SolarCity announces Special Committee for Tesla Deal

Just after the American electric car maker, Tesla proposed an acquisition deal with SolarCity – the solar panel manufacturer company has recently formed a special committee of just two directors to evaluate Tesla Motors $2.8 billion acquisition deal. SolarCity independent directors Donald Kendall and Nancy Pfund will serve on the committee. Kendall is the chief […]

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Tesla makes an offer to acquire SolarCity

Tesla seeks to accelerate the world’s transition to sustainable transportation by offering increasingly affordable electric vehicles. Last year in March the company launched Tesla Energy, which through the Powerwall and Powerpack allow homeowners, business owners and utilities to benefit from renewable energy storage. Now the company has made an offer to acquire SolarCity. The company […]

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This new material keeps solar cells cool while still catching lights

Solar cells capture sunlight and turn it into electricity, but most of the surplus energy turns into heat, which actually harms the solar cell and interestingly solar cells are only about 20 percent efficient. Researchers at Stanford University, Palo Alto, California, USA have come out with a technology to keep the solar cells cool. The […]

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