Tesla reported a significant increase in energy storage deployments for the fourth quarter of 2020, more than doubling record figures from the previous quarter as battery manufacturing expansions led to greater product availability but demand still outstrips supply.
Enphase Energy, a leading PV microinverter supplier and energy management specialist, which also makes its own AC Battery for energy storage, has appointed current COO, Badri Kothandaraman as its new president and CEO, after the sudden departure of long-term CEO, Paul Nahi in early August, 2017.
Tesla Motors’ possible acquisition of leading US residential PV installer SolarCity has been sealed with an all-stock transaction valued at around US$2.6 billion.