Tag: solar
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Tesla Surprises With Profitable Q3 on Great Model 3 Margins
Tesla only released monetary results for what it’s called”a truly historic third quarter,” with $312 million in GAAP net income driven by an unexpectedly robust 20 percentage gross margin over the Model 3. CEO Elon Musk promised that Tesla would be profitable in the last half of the season — and he is halfway…
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California Community Solar Isn’t Working. SoCal Edison Wants to Redesign It
Southern California Edison is requesting authorities for permission to enhance clean energy supplies for customers that can’t even install rooftop solar. The utility connects between 3,000 and 5,000 solar roofs a month, but many of its 15 million customers don’t possess their houses or have access to some rooftop for solar energy generation. From rsquo…
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Who Stores It Better: Residential or Commercial Grid Services Fleets?
The dispersed solar business is diverging from “just solar. ” A growing roster of organizations discuss adding energy storage into solar panels and then aggregating these resources into dispersed plants. The business model for that idea is very much up for debate. Two camps have already formed. On one side: the industrial installers. They cope…
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Yelp Reviews of Tesla’s Residential Solar Business Are Not Pretty
Amid the hype and misinformation swirling around Tesla's electric vehicle drama, it's easy to forget that Tesla is also the owner of SolarCity, once the largest residential solar installer in the world. Elon Musk acquired/rescued his cousins' troubled firm, SolarCity, about two years ago for $2.6 billion in stock and the assumption of approximately $3 billion in…
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Hurricanes Boost Interest in Residential Storage
Image Credit: Shutterstock.com One year later Hurricanes Harvey and Maria crushed Texas and Puerto Rico, Florence became one of the ten costliest hurricanes in U.S. history. North Carolina is still reeling from severe flooding. And like Houston last year, the damage was made worse because of coastal growth policies — even while state scientists first…