The future for Tesla-SolarCity could lie in aggregating rooftop PV with stationary energy storage, EVs and other distributed energy resources, the head of energy storage market analysis at Bloomberg New Energy Finance (BNEF) has said.
The prospect of the ‘commoditisation’ of lithium-ion batteries is not likely to be as clear-cut as has been seen in the PV industry, one manufacturer has said.
California utility Pacific Gas & Electric Company (PG&E) plans to increase investment in renewables, storage and energy efficiency beyond its current state mandates while simultaneously phasing out its nuclear power activity in California by 2025.
Solarcentury is to develop 170MW worth of solar PV in Mexico on behalf of JinkoSolar after the latter’s energy division won tenders in the country’s first auction round.
A panel of finance experts speaking at InterSolar Europe have given news of the Tesla-SolarCity deal mixed reviews ranging from "silly" to "brilliant".
Last night, chief of Tesla and chairman of SolarCity Elon Musk put in a bid to acquire the largest residential solar installer in the US, SolarCity, which is headed by his cousins Lyndon and Peter Rive. PV Tech traces back over time for key moments that set the tone for Musk's latest grand move.
Tata Power agreed to buy Welspun Renewable Energy earlier this month for INR92.49 billion (US$1.42 billion). Against the backdrop of fiercely competitive bidding, Mercom Capital Group chief executive and co-founder Raj Prabhu, explains the scene of potential mergers and acquisitions in the Indian solar market.
