powerwall Stories October 12, 2016

TSLA: 201.51

1.41
Stock Chart

SolarCity’s CEO, Lyndon Rive, said this week that the company should “definitely increase forecasts” for next year because of the upcoming new products that the company will unveil in a joint event with Tesla at the end of the month.

We already reported on how the integration of all three products to be unveiled on October 28, ‘solar roof’, Tesla Powerwall 2.0′, and Tesla charger, will be key to the overall offering of the new combined companies.

Though we learned today that the companies will not be merged by the time they unveil the new products since the proposed merger is only going to a shareholders vote on November 17. It’s likely that Tesla will phase out the ‘SolarCity’ brand after the merger since the company applied for trademarks to sell solar products under its own ‘Tesla’ brand, as we previously reported. expand full story

powerwall Stories June 8, 2016

TSLA: 235.52

3.18
Stock Chart

Last week, we reported on Tesla starting to take delivery of important quantities of battery cells from a new supplier: Samsung SDI. At the time, we contacted Tesla to know what the cells will be used for, the company declined to comment, but we speculated that it could be used for ‘Tesla Energy’ products.

Now prompted by a Reuters report yesterday citing Samsung SDI sources claiming that they are in negotiation with Tesla to supply batteries for its cars, Elon Musk has confirmed that Panasonic will be exclusively supplying cells for the Model 3, S and X. expand full story

powerwall Stories May 16, 2016

TSLA: 208.29

0.68
Stock Chart

Tesla CEO Elon Musk announced earlier this year that the company was already working on second generation Powerwall, Tesla’s home battery pack. He made the following comment during an exclusive event for Tesla owners in Paris:

“We are coming up with the version 2 of the Powerwall probably around July or August of this year, which will see further step changes in capabilities.”

Now it looks like the company is on or ahead of schedule with the updated device. A Tesla representative has confirmed some of the improvements featured in the new version and that installation will start “in the next few weeks.” expand full story

9to5toys 

powerwall Stories April 25, 2016

TSLA: 251.82

-1.93
Stock Chart

It looks like Tesla is about to change the battery game – this time by installing more energy storage capacity in 2016 with SolarCity alone than all of the USA installed in 2015. In a recent filing with the SEC, it was found that Tesla foresees an almost 10X increase in sales to SolarCity for behind the meter storage.

We recognized approximately $4.9 million in revenue from SolarCity during fiscal year 2015 for sales of energy storage products governed by this master supply agreement, and anticipate recognizing approximately $44.0 million in such revenues during fiscal year 2016.

Source

According to an analysis by GTM’s Ravi Manghan this revenue projection means Tesla expects to install approximately 116 MWh of behind the meter storage. In all of 2015, the United States installed about 76 MWh of behind the meter. Starting from a very low base, SolarCity and Tesla Energy doubled their battery installation volume last year. These were small installations at test locations for special customers, but that wall of ‘start up’ is already starting to fall. expand full story

powerwall Stories April 18, 2016

TSLA: 253.88

-0.63
Stock Chart

SunEdison, the world’s largest renewable-energy developer, has been going through some serious financial troubles for a while now and could reportedly file for bankruptcy as soon as this week. Its stock (SUNE) lost 98% of its value over the past 12 months and people are starting to jump ship.

Through the troubles, Electrek has learned that Tesla hired a key member of SunEdison’s energy storage team. expand full story

powerwall Stories April 8, 2016

TSLA: 250.07

-7.13
Stock Chart

Tesla today began a wider rollout of its 7kWh Powerwall product for customers who are also Tesla vehicle owners across the US. Tesla Energy quietly cancelled the 10kWh Powerwall option with limited cycles we found out today because the “economics didn’t work” just months after it was announced. The 7kWh battery is obviously a lower capacity but it optimized for daily usage cycles which may not be optimal for those looking for a backup solution rather than an off grid application… expand full story

9to5mac 

powerwall Stories March 19, 2016

TSLA: 232.74

6.36
Stock Chart

 

As we reported on Friday, local Reno media outlets were given rare access to the Tesla Gigafactory and we even got our very first glimpse of the manufacturing floor. Though reporters were not allowed to take footage of the assembly line and it looks like all pictures were from the same angle near the offices.

Now it appears that someone with better access leaked several pictures of Tesla’s Powerwall and Powerpack assembly line, and it’s awesome. expand full story

We noticed that Tesla removed references to its higher-capacity 10-kilowatt-hour residential battery from the Powerwall website (and the press kit) some time ago, but today GreenTechMedia received an official statement from a Tesla representative confirming that the larger capacity battery has indeed been discontinued…

expand full story

powerwall Stories February 24, 2016

TSLA: 179.00

1.79
Stock Chart

Germany-based solar energy component supplier Memodo confirmed having received a large shipment of Tesla Powerwalls this week and that installations will start soon.

Memodo CEO Daniel Schmitt claims that his company is the first Tesla Energy distributor to receive the new home battery pack in Germany and he shared the picture seen below. expand full story

9to5google 

powerwall Stories February 11, 2016

TSLA: 150.47

6.80
Stock Chart

Today Tesla started sending out Powerwall installation surveys to Model S owners who requested the product after its unveiling in May 2015. A week after the launch, Tesla reported over 38,000 requests for the Powerwall, but those weren’t official reservations with deposits.

This latest development will likely be a better representation of the demand since the company is asking for a lot more information about the installation of the home battery pack. expand full story

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