The Tesla chief laid down the gauntlet earlier this year, confidently tweeting that his team could have the world’s largest battery online within 100 days of signing the contract. The lithium-ion South Australia project was actually completed in 60 days.
Panasonic recorded a net profit of JPY 118.9 billion ($1.04 billion) for the first half of the current fiscal year, from JPY 133.5 billion a year earlier, as sales of its PV systems fell.
The nation’s largest residential PV installer deployed only 109 MW of solar during Q3, its lowest level in many years, but it did install 110 MWh of battery storage.
The latest bundling of solar leases and PPAs by the company that pioneered the practice is not small one.
Current estimates suggest 80% of Puerto Rico is still without power, but thanks to Elon Musk’s efforts at least one children’s hospital has been able to turn the lights on.
Tesla described the test production as an “interim milestone” and told AP that it expects to begin ramping production by the end of the year.
The EV, battery and solar company continues to raise record amounts of cash as it ramps Model 3 production. At the same time, Tesla is emphasizing profitability from its solar business, which has undergone a significant transformation since the company bought SolarCity.
The BIPV product is only on the homes of its employees (including its executives) right now, but Tesla predicts that it will begin producing Solar Roof tiles from the Buffalo gigafactory by year end.
French power producer Neoen has agreed to provide electricity to EnergyAustralia from 100 MW of solar capacity it plans to build in New South Wales. The two companies did not disclose the terms of the deal.
The installation will be paired with a wind farm in South Australia. At 129 MWh, it will become the world’s largest lithium-ion battery projects, and is being developed in conjunction with French renewable energy firm Neoen.
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