Tesla officially acquired SolarCity for roughly $2 billion. Tesla will integrate SolarCity’s team and operations, and it will phase out its brand in favor of ‘Tesla Energy’ over the next few months. At the special shareholders meeting held on Nov 17th to vote on the merger, General Counsel Todd Maron announced that shareholders have approved […]
Tesla acquires Solar City to form Tesla Energy Read More »
With Tesla and Solar City merging after the Tesla purchase the combined company will be looking to get its balance sheet more in order. Both companies have a huge appetite for cash burning. Factories are highly expensive, especially when they are vast. Both Tesla with Giga Factory and Solar City with a Solar Module plant
Tesla and Panasonic to Collaborate on Photovoltaic Cell Production Read More »
All change for roof tiles Well this was a surprise. Not only is Elon building rockets, cars, battery factories and merging Tesla with Solar City he also has time to reinvent the solar panel as a solar roof tile. Last Friday evening just before sunset Elon Musk took to a stage and cranked up his presentation about
Tesla Solar Roof Tiles Launch Read More »
A third of solar jobs have likely been lost in the UK, found the report by PwC for the Solar Trade Association (STA), based on a survey of 238 companies, around 10% of the industry. More than 12,000 solar power jobs have been lost in the past year because of government subsidy cuts, according to the
Solar subsidy cuts slash 12,000 jobs Read More »
The UK government has once again messed around with the renewals industry and updated the Feed In Tariffs rates. Last week the all knowing DECC announced the details: As widely expected the rates are due to be reduced, however, after industry consultation the reductions are not as drastic as initially expected. Installing solar on your roof
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