The State of New York has approved a continuation of $485M in funding to build out SolarCity’s Gigafactory – capable of producing 10,000 modules a day. A few weeks ago, we saw the cash disbursements stopped for further review of key individuals associated with construction. These funds are needed to pay for and install the hardware inside the building to manufacture the solar modules as the majority of building construction is complete. The controversy is surrounding lobbyists and construction companies figuring out how to get a piece of a The Buffalo Billion – but really, I’m more interested in what might go on inside the largest solar manufacturing plant in North America and one of the biggest in the world.
Legislators for the State of New York failed to move forward on a vote to deliver $485 million in funding to build out SolarCity’s Gigafactory in Buffalo. According to BuffaloNews, even though the project has been approved by the State Legislature as part of the much-heralded Buffalo Billion program, a three-person team has decided to not vote on the release of the next round of funding due to, “red flags were raised in the Legislature when the control board’s internal agenda document included vague language about future, undetermined beneficiaries.”