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 project, and is being developed in conjunction with French renewable energy firm Neoen.
The pending closure of the company’s office in Charleston is the latest sign of a changing approach to residential solar from the market leader.
Since 2012, the company has raised nearly $2 billion to support its business model of funding projects off its balance sheet.
Underwriters Laboratories certified the product last week, which should allow Elon Musk to keep his promise to roll the product out this summer.
A 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 United States.
The founder of SolarCity 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.
The battery giant is partnering with one of New England’s most solar-friendly utilities to create an energy storage program that will provide a range of storage options for GMP customers.
While declining sales of solar panels in Japan eroded the electronics giant’s earnings, Panasonic is holding on for growth driven by its collaboration with Tesla.
Yesterday, the energy and automobile giant rolled the dice on its biggest solar gamble yet, giving U.S. homeowners the opportunity to reserve its new roofing product for a downpayment of $1,000.
The electronics giant now has the longest workmanship warranty in the industry for its HIT high-efficiency photovoltaic module, which should reassure investors that the panels are worthy of a long-term investment.
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