Tesla lands 15.3 GWh Megapack supply contract
Tesla has received a giant order from U.S. developer Intersect Power, equating to around 165% of the total battery energy storage systems it deployed in Q2 2024, which saw the highest quarterly deployment in the company’s history to date.
Sunrise brief: First Solar commissions 1.3 million square-foot R&D facility
Also on the rise: North American solar power purchase agreements rise 3% in Q2 Intersect Power closes $837 million in financing for three Tesla battery systems in Texas. And more.
Intersect Power closes $837 million in financing for three battery systems in Texas
Each project comprises 86 Tesla Megapacks and will provide a capacity of 320 MWh of battery storage with a two-hour duration.
U.S. residential solar down 20% in 2024
A webinar hosted by Roth Capital Partners looked at the health of the residential solar market and forecasts for next year.
Sunrise brief: Tesla battery deployment up 157%; Megapack pricing down 44%
Also on the rise: Lithium-ion battery fire safety starts with the manufacturer. Michigan legislation bars homeowners associations from banning solar. And more.
Tesla battery deployment up 157%; Megapack pricing down 44%
In its latest quarterly press release, traditionally focused on vehicle production, Tesla revealed a significant increase in energy storage deployment, officially reporting revenue for 9.4 GWh of deployed storage products.
Sunrise brief: Nextracker acquires solar foundation specialist Ojjo for $119 million
Also on the rise: Arizona’s largest energy storage project closes $513 million in financing. Aiko presents ABC solar module with world record efficiency of 25.2% at Intersolar. And more.
Nextracker acquires solar foundation specialist Ojjo for $119 million
Ojjo makes a unique truss system that reportedly uses half the steel of a conventional foundation and a design that minimizes grading requirements.
SunPower now offers Tesla Powerwall 3 to residential solar customers
SunPower Financial reported it has expanded its suite of solar financing options to include loan and lease financing through Mosaic for Tesla battery installations.
Sunrise brief: Solar-friendly Maryland passes the Brighter Tomorrow Act
Also on the rise: Quino Energy ramps up production of its organic flow battery formulation. Sinovoltaics publishes energy storage manufacturer financial stability ranking. And more.
