Although oil prices have been plummeting recently, the future of energy is likely still from renewable sources such as solar power, if only because they make generating electricity insanely cheap. With this in mind, Bloomberg’s Mark Chediak writes that Elon Musk’s new gigafactory should scare electric companies to death because of it will have the ability to mass produce “stationary battery packs that can be paired with rooftop solar panels to store power.”
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