Tesla CEO Elon Musk has announced the upcoming introduction of a new solar roofing product. The company making the solar roofing material is SolarCity of San Mateo, California. Using the same technology for the electric cars, which is a rechargeable battery that can store an impressive amount of energy, this new product will be geared toward roofing residential homes.
In this article by Electrek, more information about the joint project with SolarCity’s CEO Lydon Rive and Elon Musk is disclosed:
Elon Musk announces ‘Solar Roof’ product, Tesla/SolarCity will go after the roof industry | Electrek
While Musk didn’t elaborate on the product itself, he made it clear that Tesla/SolarCity will go after the roof industry with its new products, rather than only installing solar modules on existing roofs.
Right after Lyndon Rive, SolarCity’s CEO, referred to the upcoming unveiling of 2 new products before the end of the year, around the time Tesla and SolarCity are expected to close the merger (Q4 2016), Musk jumped in and said:
“It’s a solar roof, as opposed to modules on a roof.”
Rive then confirmed that they are working on a roof integrated product and Musk added:
“I think this is really a fundamental part of achieving differentiated product strategy, where you have a beautiful roof. It’s not a thing on the roof. It is the roof.”
After recent comments, there were rumours that SolarCity would unveil a solar shingle kind of product (pictured above), but it’s not necessarily what Musk is talking about here, though a possibility.
The CEO explained that it will open up a new market for the company. Rive added that there are 5 million new roofs installed every year in the US and if your roof is about to need to be replaced, you don’t want to invest in solar panels to install on it since you are about to take it down, but if the solar panels are the roof and you need to redo it anyway, there’s no reason not to go with a power-generating roof. Musk sees a “huge” market for the roofs nearing their end of life.
Along with the unveiling of this new tech roofing product, Tesla is also in the process of trying to purchase SolarCity. The deal has been put on hold due to some shareholder lawsuits challenging the acquisition. This video supplies more details:
The technology used in the solar-powered batteries for the roofing material is called photovoltaic, which converts sunlight directly into electricity. In this post from Archpaper.com, the process of how these powerful batteries work as well as more about the combined effort between the two companies is discussed:
Elon Musk solar roof and Powerwall 2.0 to be unveiled October 28 – Archpaper.com
Tesla CEO and founder Elon Musk tweeted his plans to unveil a new solar roof product on October 28 in San Francisco. The design will reportedly feature photovoltaic units integrated into the roof itself.
When Musk initially teased the solar roof concept back in August, according to Electrek, he stated that part of his product’s appeal is that customers are left with “a beautiful roof” of solar power cells. “It’s not a thing on the roof. It is the roof,” Musk said.
The solar roof incorporates Tesla’s Powerwall, a rechargeable battery that stores a significant amount of power— 6.4 kWh, according to Tesla—and is marketed for residential use. The Powerwall can store energy generated by photovoltaics and act as a backup electrical system in the event of a power outage. The new Powerwall 2.0—also to be unveiled on the 28th—will simplify the process of installation and feature a charger for Tesla automobiles.
Read the full article here: Elon Musk solar roof and Powerwall 2.0 to be unveiled October 28 – Archpaper.com
This tweet states the date for the release of the product:
Aiming for Oct 28 unveil in SF Bay Area of new Tesla/SolarCity solar roof with integrated Powerwall 2.0 battery and Tesla charger.
— Elon Musk (@elonmusk) September 22, 2016
The idea that this new solar roofing material is not something sitting on the roof but is the actual roof itself makes it an interesting prospect. It very well could take the place of many products in use today.