Home Tag "Tesla"

Tesla to take new $1.4 billion loan from Chinese banks for Shanghai factory: Sources

China Construction Bank (CCB), Agricultural Bank of China (AgBank), Industrial and Commercial Bank of China (ICBC) and Shanghai Pudong Development Bank (SPDB) are among the banks which have agreed to give Tesla the financial support, one source with direct knowledge said. BEIJING/SHANGHAI: U.S. electric vehicle maker Tesla Inc and a group of China banks have […]

California Seeks to Shift Major Battery Incentive Toward Fire, Blackout Resiliency

CPUC proposes to spend $613 million of total $1.2 billion SGIP budget through 2024 on battery-solar systems for high-fire-risk customers. Over its 13-year history, California’s Self-Generation Incentive Program has been the state’s primary driver for distributed solar, biomass power systems, fuel cells. and, over the past half-decade or so, behind-the-meter batteries. Now California regulators are […]

Residential Solar Hits New Peak in US with Record Q3 Installations

The quarterly record came amid weakness in northeastern states, traditionally a stronghold for rooftop installers. The U.S. residential solar industry pulled off an all-time record for installations in the third quarter, according to new research from Wood Mackenzie and the Solar Energy Industries Association. And it happened with Northeastern states — traditionally powerhouses in the […]