Telsa Preps to Move Solar Power Business into China

ReutersMarch 6, 2020788

Summary:

Tesla has advertised for solar power and solar energy storage project managers in China.

Main Article:

Telsa Preps to Move Solar Power Business into China

BEIJING (Reuters) - Tesla Inc (TSLA.O) has advertised for solar power and solar energy storage project managers in China, as the U.S. electric vehicle maker moves to expand its energy business into the country.

The two posts on the Tesla human resources department’s official WeChat account mark the first time the California-based automaker has looked to hire for such roles in China.

Tesla did not immediately respond to requests for comment.

Its billionaire chief executive Elon Musk said on Twitter last month the firm would “soon” announce timings for solar panel installation projects in China and Europe, without providing more details.

One post says Tesla is seeking project managers to design and execute solar panel installation projects for commercial or residential customers, while a second seeks managers to develop photovoltaic solar energy storage projects.

The roles are advertised as based at its $2 billion factory in Shanghai, which started delivering China-made Model 3 electric sedans at the end of last year.

Tesla moved into the solar  business in 2016 with its $2.6 billion purchase of California-based SolarCity, and has said it is keen to develop its solar energy business.

Its solar services include Solar Roof, a power generating solar power system meant to look like normal roof tiles, and Powerwall, which can store power generated by solar panels.

China’s energy administration announced in January that it will allocate 1.5 billion yuan ($217.27 million) to new solar power projects in 2020.

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