Panasonic’s 2016 profit falls as solar sales sag
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.
May we take your order? Tesla accepts requests for its Solar Roof
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.
Panasonic offers 25-year workmanship warranty on modules
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.
SEC investigates Tesla, Sunrun over cancelled contracts
SEC has subpoenaed Sunrun, and is also looking into the number of Tesla customers who have backed out of leases, after state officials received hundreds of complaints about sales practices.
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.
