Originally published on Gas2. Wall Street has not been kind to the idea of Tesla Motors buying SolarCity in a deal that would involve no cash but would pay the solar panel company with $2.8 billion in Tesla stock. Some analysts have even used words like “deranged” when referring to Elon Musk’s latest idea. But according […]
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Over 1.3 million households in Australia have rooftop solar power, so it only seems reasonable that Tesla has chosen this country as one of the first that will receive its 7-kWh Powerwall home energy storage systems. They could be available as early as December of 2015, though it had been predicted they will begin arriving in 2016. A startup […]
Vermont’s main utility is going to be providing Tesla Powerwall home battery systems to customers who want them. If the utility’s customer agrees to allow the utility to use electricity stored in a Powerwall at home, the customer will also get paid for its use. There are three ways a customer can pay for the Powerwall: “GMP outlined to […]
Indian Prime Minister Narendra Modi recently met Tesla Motors CEO Elon Musk to discuss the implications of the Tesla Powerwall — the company’s battery energy storage technology — for India. It was a simple official visit, and as per media reports, there was no talk of Tesla setting up manufacturing facilities in India. The company, however, stated earlier that […]
The Orison home battery is a plug n play electric storage system that plugs plugs into any wall outlet. Up to 4 batteries can be used for 8 kWH of capacity.
Originally published on EV Obsession. Tesla Motors CTO JB Straubel was the headliner at Intersolar North America last week. He talked about the transition to lithium-ion batteries and how that opened the floodgates for electric cars and stationary storage (eventually); the synergy between EVs, solar, and grid storage; the growth of solar power and grid […]
Right after the start of the summer season, solar business heated up when SEC filing news noted that Elon Musk’s SpaceX would be purchasing an additional $75 million in solar-backed bonds from SolarCity (of which Elon is Chairman), boosting its total investment to $165 million. Elektrek writer Fred Lambert recently reported this investment comes “just after a major […]
When Tesla announced the Powerwall, its home energy storage product, it was stated that SolarCity* would be offering the Powerwall to its customers in Hawaii and California. However, details were slim. Now, SolarCity has officially announced “energy storage for new homes and a special low, fixed-rate solar power offering for California homebuilders and their buyers.” […]
MIT start-up 24M claims it has invented a new lithium ion battery that packs 5 times as much energy storage into the same space and cost far less to make.
Advanced Microgrid Solutions and Tesla have signed a contract that may result in as much as 500 megawatts of utility scale electrical storage in California.