Liberty Utilities will own up to 500 units, but the compromise allows third parties to participate, too. Negotiations in New Hampshire produced a pivotal test case for how home energy devices can reduce overall grid costs. Liberty Utilities proposed a groundbreaking home battery pilot last year, in which the company would own 1,000 Tesla Powerwalls […]
Decent installs, but “non-existent” customer service from what was once the largest residential solar installer in the world. Amid the hype and misinformation swirling around Tesla’s electric vehicle drama, it’s easy to forget that Tesla is also the owner of SolarCity, once the largest residential solar installer in the world. Elon Musk acquired/rescued his cousins’ […]
ElectrIQ Raises $6 Million Seed Round to Finance Home Storage Push The startup will need the money to take on the likes of Tesla and LG Chem. Bay Area startup ElectrIQ raised a $6 million seed round to support its challenge to the home storage incumbents. Earlier this month, the company released a new product, […]
ElectrIQ Launches Smart Home Connected Battery System for $8,999 The startup’s PowerPod connects to popular smart appliances, at a price competitive with conventional home batteries. Home automation has now entered the energy storage market at multiple price points. Bay area startup ElectrIQ (pronounced “electric”) unveiled a new battery system this week that links up to […]
Executive and boardroom moves in cleantech, utilities, energy and venture capital. We start this week’s job column very close to at home. After more than eight years with GTM Research (now Wood Mackenzie Power & Renewables), MJ Shiao is ready for his next adventure. He leaving his role as head of Americas research to join […]
Adding the next million electric vehicles will take just over six months, according to Bloomberg NEF. Buckle up. Electric vehicle sales are shifting into high gear. Cumulative passenger EV sales worldwide are set to hit 4 million this week, according to Bloomberg New Energy Finance. The next million EV mark could be reached slightly later if Tesla […]
Shareholders of electric automaker Tesla have approved a plan that could offer CEO Elon Musk a $2.6 billion compensation, provided the company can meet its ambitious targets. Here’s what Tesla Inc shareholders just bought for $2.6 billion: a stronger guarantee that Elon Musk will stick around for at least the next decade. Investors on Wednesday […]