Tesla Motors was once a company that sold solely luxury electric cars, but its founder has set his sights on the creation of a full-throttle home energy solution. The company’s expansion into energy storage and solar power has been heralded by the unveiling of a new division: Tesla Energy.
Tesla’s first solar roof installations, JPMorgan Chase’s entry into the growing community of major companies pledging to 100% renewables, and IKEA’s foray into solar panel and home battery storage installations are the headlines from this week’s Solar News Report.
As President Trump’s Paris decision looms large, state legislative measures tackling solar accessibility are more important than ever. Nevada’s net metering bill, North Carolina’s solar reform bill, and a large solar array plan from IKEA are the headlines from this week’s Solar News Report.
It was a wild week in the solar industry, full of unforeseen product releases and a controversial solar pricing report that was released by the government. An NREL report that confirmed price inflation by SolarCity and other top solar installers, Tesla’s big solar panel reveal and exciting growth in solar storage in certain states are the three stories we’re studying from this week’s Solar News Report.
Tesla’s plans to make solar panels have been known for years. The company is constructing a factory in Buffalo, NY, specifically to produce Tesla solar panels, but until recently not much more was known about their plans.
In April 2017, the much-discussed solar panel product was finally revealed, but the company didn’t announce it with the fanfare usually reserved for Tesla product releases. Instead, the Tesla Energy website was quietly updated to include a page specifically dedicated to solar panels alongside its other energy products like the Powerwall and Tesla solar roof.
If you’ve considered installing solar panels in the United States in the past decade, chances are you’ve heard the name “SolarCity” a few times. With its recognizable sun icon slated next to a catchy phrase in bold, the U.S. green giant has made a name for itself in the residential solar market, and is widely considered the country’s top installer for the past three years.
After 2016 witnessed 34% year-over-year growth, the U.S. electric vehicle (EV) industry is poised for further success in 2017. There’s no one single reason for the uptick in EV sales in America – states like California are requiring car dealers to offer electric car options, costs are coming down, battery technology is improving, and manufacturers are inventing stylish new designs for the modern day electric car.
With the holiday season behind us and the U.S. workforce back in full throttle, major solar stakeholders laid out planning for 2017 and reported on solar’s record year this past week. A bullish future for renewables under Trump, strong words from President Obama on clean energy’s momentum and Tesla’s new solar-powered mega factory are the three headlines that are turning heads in this week’s Solar News report.