The latest bundling of solar leases and PPAs by the company that pioneered the practice is not small one.
Tesla described the test production as an “interim milestone” and told AP that it expects to begin ramping production by the end of the year.
The EV, battery and solar company continues to raise record amounts of cash as it ramps Model 3 production. At the same time, Tesla is emphasizing profitability from its solar business, which has undergone a significant transformation since the company bought SolarCity.
The SolarCity founder 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 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.
The Dutch fund will invest in a portfolio of solar projects of Tesla’s solar unit. The projects are spread across 21 U.S states and have a combined capacity of 275 MW.
A Delaware bankruptcy judge yesterday approved the sale of the bankrupt residential solar installer to private equity firm Northern Pacific Group.
It’s been a long time coming, but Tesla’s annual report confirms that the SolarCity-Silevo romance has come to an end
The Toyota Prius gets rooftop solar, Fraunhofer and Hevel push multicrystalline and HJT efficiencies, Saudi Arabia begins 300 MW tender process and Tesla publishes its Q4 2016 financials – welcome to the week that was.
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.
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