battery

The energy giant is upgrading its Bad Creek pumped hydro storage facility from 1,000 to 1,300 MW.

Elon Musk says he’s secured funding at $420 per share to take Tesla private. His letter to employees points toward short sellers and propaganda peddlers causing stock price volatility.

In the first two quarters of 2018 Tesla deployed 40% more energy storage than all of 2017, with 300-400% growth expected for 2019. Solar power deployments grew 11% to 84 MW over a low Q1 value.

A report issued by the National Rural Electric Cooperative Association shows rapid PV growth in less than a decade in co-ops.

The suggestion of additional investments beyond the $1.6 billion follows reports of battery cell shortages as Tesla’s Model 3 picks up production. It is unknown what impacts this will have on Tesla’s stationary storage business.

Puerto Rico is requesting ten 20 MW / 20 MWh batteries to be deployed strategically in the country’s power grid. The RFQ notes that sites should be upgradable to 40 MW / 160 MWh.

The 70 MWh energy storage system accompanying a 19 MW solar project is one of the largest batteries to be deployed in the United States, and is coming in at under 11 cents per kilowatt-hour.

Panasonic announced an aim to produce batteries for Tesla without using cobalt, much of which is sourced from the unstable and conflict-ridden Congo.

Pika Energy has increased its home battery capacity to 17.1 kWh – about half an average home’s daily usage. The units are powered by Panasonic lithium-ion cells.

A software update for the Powerwall 2 home energy storage system adds controls to allow owners to take advantage of time of use electricity rates in California and other states