Elon Musk Announces Merger With SolarCity

08/03/2016 |

The future of solar technology may lie in the $2.6 billion acquisition

Elon Musk's purchase of the energy service provider, SolarCity, signals a desire to not only be a technology mogul, but also a champion of green energy.

Known famously for being the CEO of electric-car company Tesla Motors, Musk now looks to combine solar energy with backup battery systems, transitioning his focus from the automotive industry to the broader landscape of sustainable energy solutions.

The method taken by Tesla Motors, using electricity to power vevehicles instead of gasoline, is akin to the approach Musk wants to take for solar and buildings.

Currently, the company is developing an energy storage solution, Powerwall, a technology that allows homeowners to charge a battery to off the electric grid. Combining this existing Tesla product with the innovations produced by newly acquired SolarCity, has potential capabilities to create sustainable energy solutions for vehicles and buildings, according to Musk. 

Connectrac® wireways are the new standard for bringing power & communications cable management to all interior applications. Free yourself from core drilling!

Surpass State Energy Requirements with Dual-Cooling Data Center CRAC Technology

See how professionals like you are taking advantage of the highest performing precision cooling system for their computer rooms and data centers, and why Data Aire is fast-becoming the number one choice for facility managers and building owners looking to decrease their energy consumption. 

Data Aire understands how digital technology and data gravity is rapidly impacting and transforming businesses. That’s why they developed ultra-efficient cooling technology to support the most modern (and not-so-modern) data centers.  Learn how One Wilshire in Los Angeles, one of the most advanced carrier hotels today, is surpassing California's strict energy efficiency requirements with Data Aire’s purpose-built system, which provide full-economization for 260 days – almost 72% of the year. That’s a measurable savings! Furthermore, the projected PUE on an annual basis for a full load is at or below 1.2.

Connectrac® wireways are the new standard for bringing power & communications cable management to all interior applications. Free yourself from core drilling!

Surpass State Energy Requirements with Dual-Cooling Data Center CRAC Technology

See how professionals like you are taking advantage of the highest performing precision cooling system for their computer rooms and data centers, and why Data Aire is fast-becoming the number one choice for facility managers and building owners looking to decrease their energy consumption. 

Data Aire understands how digital technology and data gravity is rapidly impacting and transforming businesses. That’s why they developed ultra-efficient cooling technology to support the most modern (and not-so-modern) data centers.  Learn how One Wilshire in Los Angeles, one of the most advanced carrier hotels today, is surpassing California's strict energy efficiency requirements with Data Aire’s purpose-built system, which provide full-economization for 260 days – almost 72% of the year. That’s a measurable savings! Furthermore, the projected PUE on an annual basis for a full load is at or below 1.2.


Related Coverage