Tesla scales down solar deployment in Q1, readies Solar Roof
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.
Solar and Tesla shine amid weak Q1 for clean energy investment
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.
CIT leads 50 MW battery storage finance for SCE
CIT, Macquarie Capital and Advanced Microgrid Solutions have closed what they call the first non-recourse project financing of a battery storage system, destined for the West Los Angeles Basin service territory of Southern California Edison (SCE).
Tesla to begin taking orders for Solar Roof in April
Production of the luxury BIPV product will not begin until “mid-2017”, and a waiting list has appeared on the Tesla site.
Tesla to issue $1 billion stock & convertible bond offering
The EV, solar and battery company has filed to issue $750 million in convertible notes and another one million shares of stock in advance of its Model 3 roll-out.
EV growth gives lithium-ion batteries cost edge in storage
The growing demand for affordable electric vehicle batteries is driving cost reductions in lithium-ion battery technology, which is beneficial for affordable stationary storage, according to a new Lux Research report.
Kaua’i to meet 1/4 of power needs with solar thanks to Tesla system (with video)
The island is a view into what a future with high penetrations of renewable energy will look like.
Residential solar ownership now outpaces leasing (with charts)
According to new data by GTM Research, the ratio of solar leases and PPAs to full ownership flipped in the fourth quarter of 2016, when fewer than half of all new residential solar systems were operating under third-party arrangements – down from its 2014 peak of 72%.
SolarCity drags down Tesla’s Q4 results
The EV, battery and now solar company fell into the red in Q4 concurrent with the acquisition of SolarCity, as it begins making batteries at its Gigafactory and prepares for Model 3 roll-out.
Vivint Solar reaches 100,000 customers
The residential solar installer has been getting back on its feet after the failed buy-out by SunEdison, including new offerings and expansion into new states.
