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.
The SolarCity founder says he is leaving to take time off and start a new venture, as Tesla’s solar sales volume contracts and the company shifts focus to profit and new products instead of growth.
Report by GTM Research and Solichamba finds 11 investors that each own more than 1 GW of PV assets, with eight of those 11 hailing from the U.S.
The Japanese electronics group posted a net profit attributable to shareholders of JPY 149.4 billion ($1.3 billion) in the fiscal year to the end of March — from JPY 165.2 billion a year earlier — as declining sales of solar panels in Japan eroded its earnings. The group’s net sales fell more than 3% on the year to JPY 7343.7 billion, although its operating profit rose to JPY 276.8 billion, from just JPY 230.3 billion a year earlier.
Yesterday, the energy and automobile giant rolled the dice on its biggest gamble yet, giving U.S. homeowners the opportunity to reserve its new roofing product for a down payment of $1,000.
The first full quarter since Tesla’s acquisition of SolarCity shows a 30% fall in watts of solar deployed, as the company focuses on preparations for the roll-out of its Solar Roof and Model 3 electric vehicle, including expanded battery production.
The Dutch fund will invest in a portfolio of solar projects of Tesla’s solar unit. The projects are spread across 21 U.S states and have a combined capacity of 275 MW.
BNEF cites financing for a massive solar plant in Mexico and Tesla’s billion-plus capital raise as running counter to the trend of falling clean energy financing during Q1. Investments in distributed solar also rose.
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