Robert Ferris for CNBC: Elon Musk tweeted on Thursday that he hopes to unveil a Tesla/SolarCity solar roof with a new integrated battery pack and Tesla car charger on Oct. 28.
Musk first began teasing the next generation Powerwall at an event for Tesla owners in Paris earlier this year, according to Electrek. At the time, he had said the company would roll out the new battery in "July or August."
SolarCity's merger with Tesla has aroused skepticism and even ire from some investors and analysts, even after Musk outlined his reasons for combining the two companies in his second installment of his "Master Plan" in late July. Cont'd...
Jon LeSage for HybridCars: Tesla’s energy storage division just won a very large contract with a major California utility to stabilize power outages.
While the acquisition cost hasn’t been announced, Tesla Energy will supply 20 megawatts of energy storage to Southern California Edison – enough to power about 2,500 homes for a full day. It’s part of SCE’s efforts to prevent blackouts by fossil-fuel electricity generation with lithium-ion batteries. Investment in Tesla’s product, called Powerpacks, is thought to be worth tens of millions of dollars, and is expected to be operational by the end of this year.
The deal ties into Tesla’s plans to broaden its base beyond manufacturing and selling electric cars, similar to its recent investment in SolarCity. It also signifies advancements being made in energy storage, which is reaching a much faster pace – months instead of years, according to an analyst. Cont'd...
Who wins and who loses as the world goes green New research shows the best solutions for clean energy
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