Tesla Unveils Home Battery: 5 Reasons It’s a Big Deal National Geographic, May 1, 2015. The automaker unveiled a suite of battery products Thursday—each geared for homes, businesses, and utilities—that promise not to “suck,” to use CEO Elon Musk’s choice label for competitors. The home battery, a sleek, mountable unit dubbed Powerwall, will be available […]
Tesla developing battery system for houses to store solar power Global Construction Review, February 18, 2015 Tesla Motors, the US company known for electric vehicles, is developing a battery system for houses that can store solar-generated power for when the sun isn’t shining. The claim was made by Elon Musk (pictured), the firm’s chief executive, […]
Is the solar panel & battery combo ready to change energy markets? Gigaom, January 11, 2015 The big idea right now for solar and batteries is this: put solar panels on your roof, a battery in the backyard (or basement), and become utterly independent from the power grid, using free electricity from the sun. Batteries […]
Tesla’s founder, Elon Musk, sees the $5 billion facility as a key step toward making electric cars more affordable, while ending reliance on oil and reducing greenhouse gas emissions. At first blush, the push toward more electric cars looks to be positive for utilities struggling with stagnant sales from energy conservation and slow economic growth.