James Vincent for The Verge: Tesla completed its $2.6 billion acquisition of SolarCity this week, and, to celebrate, the company has announced a major solar energy project: wiring up the whole island of Ta’u in American Samoa. Previously, the island ran on diesel generators, but over the past year Tesla has installed a microgrid of solar energy panels and batteries that will supply "nearly 100 percent" of power needs for Ta’u’s 600 residents.
The project seems intended to show off the potential benefits of the SolarCity acquisition, with Ta’u’s microgrid comprised of 5,328 solar panels from SolarCity and Tesla, along with 60 Tesla Powerpacks batteries for storage. But buying SolarCity remains a risky move for Tesla, with the purchase including billions of dollars of debt for a company that's far from profitable (SolarCity spends $6 for every $1 it makes in sales). Nevertheless, Tesla CEO Elon Musk describes the acquisition as "blindingly obvious" — a necessary step in his so-called "Master Plan" to integrate clean energy generation and storage. Cont'd...
Utility Dive: More than 85% of Tesla's unaffiliated shareholders voted in favor of the $2.6 billion deal with SolarCity, which will allow the companies to move forward with an integrated solar roof and battery storage offering. Cont'd...
Ivan Penn and Russ Mitchell for The LA Times: Like some kind of 21st century Willy Wonka, audacious entrepreneur Elon Muskchose a prime spot on the Universal Studios Hollywood backlot tour to unveil his latest attempt to energize an industry — roofs that generate solar power but look like no other.
Musk, the chief executive of Tesla Motors and chairman of SolarCity, showcased a line of high-design solar roof tiles that would replace clunky solar panels and tie into an upgraded version of the Tesla wall-mounted battery for those times when the sun doesn’t shine. The glass solar shingles resemble French slate, Tuscan barrel tile or more conventional roofing materials with a textured or smooth surface.
“The key is to make solar look good,” Musk said during the product introduction staged on the old set of ABC’s “Desperate Housewives” series, where he had re-roofed four of the Wisteria Lane houses. “If this is done right, all roofs will have solar.” Cont'd..
Sprig Electric Pioneers a One, Two Solar Punch in Silicon Valley to Dramatically Reduce Energy Costs
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