Tesla deployed just 27MW of rooftop solar in Q2 2020, its worst quarter for deployment on record, but chief executive Elon Musk remains buoyant about the product’s long-term prospects.
Technology infrastructure company Switch and asset management firm Capital Dynamics have announced the groundbreaking of three developments in Nevada, one of which is claimed to be the largest behind-the-meter solar project in the world.
CEO Elon Musk claims the PV panel production line it closed Monday in New York will reopen ‘as soon as humanly possible’ to help make devices critical to saving those afflicted by virus.
Silicon Valley firm opts to close down facilities in California and New York following criticisms over staff exposure to pandemic, particularly at Fremont car-making facility.
Growing pandemic prompts Delaware Court of Chancery to postpone proceedings this week, meant to delve into allegations that shareholders were misled over SolarCity buy in 2016.
New York State has offered employees of Panasonic working at Tesla’s Gigafactory 2 plant in Buffalo assistance in finding new jobs as the Japanese electronics giant is expected to shut down solar panel operations at the facility.
RGS Energy (Real Goods Solar Inc.), a potential rival to Tesla’s solar tile roof system has recently succumbed to Chapter 7 bankruptcy, having failed to raise further capital on long-standing operating losses.
Firm expects storage and PV installs to grow ‘at least 50%’ this year after 2019 results show last year was stellar for storage but less so for PV, despite the latter’s stronger H2 2019.
China-based PV and glass manufacturer, Changzhou Almaden Stock Co Ltd was recently forced to declare that it was supplying Tesla with glass encapsulated solar roof tiles, due to abnormal fluctuations in its stock traded on the Shenzhen Stock Exchange.
