Tesla Motors’ US$2.6 billion all-stock offer for SolarCity this week raised questions, as both firms’ share prices slumped on the announcement, and markets reflected a sense of both awe and unease at the proposed deal. GTM Research director of energy storage Ravi Manghani considers these questions, through the prism of Tesla chief Elon Musk’s self-titled ‘master plan, part deux’.
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.
State-owned Australian utility Ausgrid is streamlining applications and cutting fees for consumers installing solar or battery storage systems.
Australia-based renewables firm Windlab and Japan’s Eurus energy have received development approval for a hybrid project comprising 20MW solar, 30MW wind and a 2MW lithium-ion battery storage system in Queensland, Australia.
Solar Energy Corporation of India (SECI) will soon tender for utility-scale solar-plus-storage projects in the states of Andhra Pradesh and Karnataka.
It’s no surprise that Elon Musk’s announcement that he was working on Tesla’s second master plan was met with great anticipation. Lux Research’s Chris Robinson looks in depth at the new strategy, which included autonomy, solar power, some vehicles we expected, and some vehicles we didn’t.
German PV module and storage manufacturer Solarwatt recently announced its intention to expand into the UK market with the launch of its MyReserve storage system.Energy Storage News caught up with Pol Spronck, Solarwatt’s international sales manager, to discuss the latest expansion and with the company is hoping to bring to the UK.
The US must open up access to its grid and allow anyone who generates electricity to sell it on, according to an executive from energy storage company sonnen.
Greensmith, the California-based provider of energy storage software and integration services, has partnered with energy equipment manufacturer Wärtsilä to deliver storage systems globally.
VARTA’s energy storage system project manager Michael Gopp discusses the technologies past, present and future.
