Tesla already has reservations for $1bn worth of energy storage
Tesla has taken 100,000 reservations for its Powerpack and Powerwall battery products, worth approximately $1bn, according to founder Elon Musk.
Speaking on the company’s quarterly earnings call, Musk said Tesla had taken reservations (non-binding agreements) which led him to believe the company would sell $50m of storage in the fourth quarter of 2015, and up to $500m in both 2016 and 2017.
Musk said: "If you just take the reservations that have been made thus far, it's well over $1 billion worth of Powerpacks and Powerwalls. And that's with no marketing, no advertising, no sales force to speak of, really, we're not trying to sell it".
Tesla chief technology officer Jeffrey Straubel, who was also on the call, said that around 70% of the reservations were for the larger 1MW Powerpack system, which is focused at commercial users and large-scale energy generators. Cont'd...
Solar power on the Prairie, Solar trackers powering Sullivan, IL home
Three innovative solar trackers are now powering the home of Bob and Amanda Montgomery in Sullivan, Illinois.
GEM Energy ranks among Solar Power World's Top North American Solar Developers and Contractors
GEM Energy, of the Rudolph Libbe Group, is ranked 26th among Solar Power World's Top Solar Developers of 2015, the highest-ranking Ohio-based solar developer on the list.
Array Technologies Adds CFO as Rapid Growth Continues
Company supports growth initiatives with Bob Bellemare's strategic business expertise
Clenergy launches its SPS500 Inverter along with a trio of power and electronics products
Clenergy, the innovative solar solution provider, recently launched several new power electronic products: the SPS500 PV Grid-Connected Central Inverter, the SPS1000 Grid-Connected Central with Container Enclosure, the PV DC Power Distribution Cabinet (IDDBX-D) and an Integrated Re-Combiner Box (IRCB) for the Japanese market.
Sutton Council provide insight into the planning process for Beddington Energy From Waste Plant
Incineration V Landfill? With the capacity of generating 26MW of energy and diverting 95% of landfill waste, do the benefits of Viridor's new state of the art £200m energy from waste facility compensate for, what is argued to be, its detrimental impact to the environment?
"NATIONAL CLEAN ENERGY SUMMIT 8.0: POWERING PROGRESS" EXPLORES THE FUTURE OF ROOFTOP SOLAR WITH FIRST-EVER SUMMIT DEBATE
Charles Cicchetti of the Pacific Economics Group Shares the Stage with Lisa Wood of the Edison Foundation to Debate Net Energy Metering and the Future of Rooftop Solar
SEIA Applauds Baker Administration for Leadership on Raising Near-Term Net Metering Caps in Massachusetts
Voices Concern Over Longer-Term Framework
DOE Forms Labor Partnership to Maximize Job Creation from Clean Power Plan
Secretary Moniz, Utility Workers, Electrical Workers, Steelworkers Announce Partnership Following Roundtable in Dearborn, MI
Solar3D's SUNworks Division Secures $3.5 Million Contract with CA-Based Trading Company
Company to Install Approximately 1.5-Megawatt Solar Power System for Prominent Agricultural Organization
NRG Energy Brings Solar Power to New Jersey Non-Profit, HomeFront
"Electrification" of new solar array atop the future HomeFront Family Campus provides clean, affordable power
High Current Cabling System from Amphenol Meets Energy Storage Needs
SurLok Plus is ideal for electric vehicles, hybrid electric vehicles commercial and residential battery storage systems
FuelCell Energy Announces Additional Fuel Cell Sales to South Korean Partner and Highlights Asian Manufacturing
FuelCell Energy sells 5.6 megawatts of fuel cell modules to POSCO Energy for Asian market demand
----Commencement of POSCO Energy fuel cell manufacturing on schedule for fall 2015 commercial production
----Asian manufacturing volume supports additional cost reductions globally
SolarCity Expands to Vermont
Nation's #1 solar provider is hiring in Burlington area, will make it possible for many Vermonters to pay less for solar than they pay for utility power
Pattern Development Completes $205 Million Construction Financing on 122 MW Conejo Solar Project in Chile
Pattern Development builds platform in Chile and diversifies with large utility-scale solar power project
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