Fotowatio Renewable Ventures (FRV) and Harmony Energy have joined forces to commission their first utility-scale battery system in the UK. The project will include six Tesla Megapack lithium-ion batteries, with a total capacity of 15MWh. It will take advantage of Tesla’s ‘Autobidder’ AI software. FRV, a global renewable energy solutions provider, will work with […]
How Electric Cars Take Over The US Market, With A Big Push From Tesla
I wrote this article before Maarten came out with an article on the same subject last week, but I came to the opposite conclusion. He sees progress faster than his expectations, I see progress slower than my expectations. I think that is because I live in the US and he lives in Europe. I’m as big […]
Tesla advertises for solar, energy storage project managers in China
Its billionaire chief executive Elon Musk said on Twitter last month the firm would “soon” announce timings for solar projects in China and Europe, without providing more details BEIJING: Tesla Inc has advertised for solar and energy storage project managers in China, as the U.S. electric vehicle maker moves to expand its energy business into […]
Hong Kong Brothers Take on Tesla With $195,000 Electric Supercar
In a Chinese electric-vehicle market packed with big hitters like Tesla Inc., two brothers from Hong Kong are carving out a niche catering to motor racing enthusiasts. Their 305 kilometers-per-hour (190 miles-per-hour) electric super car will be unveiled next week. The car, codenamed AP-0, is the brainchild of Jason and Gary Leung, who founded Apex […]
Tesla’s cheap home batteries set to upend utility business
Powerwall puts solar power on a par with conventional electricity TOKYO: Prices for home power-storage batteries look likely to fall in Japan as U.S. electric car maker Tesla moves to offer its Powerwall batteries here, with major implications for the country’s utilities. The Powerwall is much cheaper than competing Japanese products in terms of storage […]
Record sales push Tesla to 2nd straight quarterly profit
The fourth-quarter earnings almost certainly will continue Tesla’s meteoric stock appreciation. Shares rose about 12 % in after-hours trading Wednesday to $648 DETROIT: Record electric vehicle sales in the fourth quarter helped to push Tesla Inc. to its second-straight quarterly profit, giving bullish investors optimism that sustained black ink lies ahead. The Palo Alto, California, […]
Tesla’s Newest Big Battery in Australia Set to Back Up Wind Farm
Tesla Inc.’s latest big lithium-ion battery is set to start in South Australia, one of the nation’s biggest users of renewable generation, where it will support a steady flow of power from a wind farm. Infigen Energy’s Lake Bonney storage system, equipped with a 25 megawatt Tesla battery, is in the final stages of testing […]
Tesla crosses $100 billion stock market valuation in extended trading
Tesla Inc became the first $100 billion publicly listed U.S. carmaker in extended trading on Tuesday, in a sign of Wall Street’s confidence in an all-electric future. The milestone comes less than a month after Tesla’s stock crossed $420, the infamous price at which Chief Executive Officer Elon Musk had tweeted he would take the […]
California Finalizes Plan Shifting Key Energy Storage Incentive Toward Blackout Resilience
State to spend half a billion dollars by 2024 helping vulnerable customers install on-site batteries, a big change for the market. California regulators have finalized plans to direct more than half a billion dollars in behind-the-meter battery incentives over the next four years to customers most at risk of being impacted by the state’s increasingly […]
Tesla 2019 sales hit goals, rise over 50% from previous year
The lower-cost Model 3 accounted for 83% of the company’s fourth-quarter sales at 92,550. The higher priced Model S Sedan and Model X large SUV made up the rest. DETROIT: Tesla’s global deliveries rose more than 50% last year, meaning the company surpassed the low end of its sales goals for 2019. The announcement Friday […]