Elon Musk and Lyndon Rive are arguing that SolarCity will bring cash in to Tesla’s balance sheet, while shareholders wait for the solar installer’s results call.
The earnings call signaled continued steady expansion of its solar asset collection, in line with estimates from the second quarter
The acquisition narrows the number of companies that are developing FBR, and further consolidates the transfer of this technology to Chinese companies.
The EV and battery maker maintains that its battery gigafactory will be ready to support Model 3 rollout in H2 2017, three weeks before a shareholder vote on the acquisition of SolarCity.
The renewable energy investor says that the taking TerraForm off SunEdison’s hands could allow the company to recover.
The German company announced that it has secured USD 85 million in growth capital, some of which came from two new partners, which will help the company consolidate its healthy position further in the booming energy storage market.
Under the terms of the agreement, expected to close in the fourth quarter, Recurrent Energy will lease the land from Landmark for four utility-scale solar PV projects.
A subpoena from the federal financial regulator adds to an ongoing Department of Justice investigation in the list of the company’s legal troubles.
The moment of truth is coming for the consolidation of Elon Musk’s clean energy empire.
Mercom Capital’s Q3 report shows a significant increase in investment levels from last quarter, but funding is still down across the board compared to a year ago.
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