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.
Sinovoltaics publishes energy storage manufacturer financial stability ranking
The report lists Tesla as number one, followed by South Korean’s LG Energy Solution, Taiwan-based Kung Long Battery, China’s Mustang Battery, along with U.S.-based Solid Power in the top five.
A second solar project takes off at JFK airport
TotalEnergies began construction of an onsite solar-plus-storage system, providing energy to Port Authority and Con Edison, as well as community solar for area residents.
U.S. median residential solar price is $2.80 per watt, payback period 8 years
EnergySage marketplace data from the second half of 2023 shows moderate declines in cost for solar and energy storage.
Sunrise brief: Tesla reports record energy storage deployment figures
Also on the rise: Microsoft signs two large solar power purchase agreements. Amphenol begins operations at solar junction box factory in Arizona. And more.
Tesla reports record energy storage deployment figures
Tesla’s electric vehicle (EV) sales are plummeting, but its energy storage business is surging, with more than 4 GWh deployed in the first quarter of 2024 alone.
