Tesla, SolarCity Powering entire Island of Ta’u in American Samoa with solar power

Tesla has revealed that with SolarCity it is powering nearly the entire island of Ta’u in American Samoa with solar power. Tesla officially acquired SolarCity on Monday. SolarCity in a blog notes that Ta’u now hosts a solar power and battery storage-enabled microgrid that can supply nearly 100 percent of the island’s power needs from […]

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Tesla Ignites Vie in Solar Through its Latest Solar Roof + Storage Integrated Solution

Imagining a solar panel coming with an integrated battery shall go-freak solar fanatics. Tesla seems to have made it possible as Verge reports that Tesla founder and CEO Elon Musk has lately unveiled a portfolio of solar panels armed with batteries. While introducing the revolutionary solution, Musk cites that unlike other solar systems which must […]

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SunPower’s Sr. Vice President Eric Branderiz joins Tesla

Tesla on Friday announced that Eric Branderiz will join the Company on October 24, 2016 as Vice President, Corporate Controller and Chief Accounting Officer. Eric was most recently SunPower’s Senior Vice President, Corporate Controller and Chief Accounting Officer. Eric brings accounting and solar expertise to Tesla after spending 6 years at SunPower Corporation. The Tesla […]

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Elon Musk to introduce Tesla/SolarCity solar roof on 28 October 2016

The boss of Tesla, SolarCity and SpaceX – Elon Musk is planning to introduce a roof integrated with solar panels, at an event on October 28 in San Francisco. Musk tweeted “Aiming for Oct 28 unveil in SF Bay Area of new Tesla/SolarCity solar roof with integrated Powerwall 2.0 battery and Tesla charger.” According to […]

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SolarCity Will Sell “Solar roof” products: Tesla CEO, Elon Musk

Tesla CEO Elon Musk at the SolarCity’s conference call for its second quarter financial results announced that SolarCity will develop and sell a roof integrated with solar panels. Elon Musk’s presence was quite understandable considering the impending deal for Tesla to acquire the solar installer. Currently SolarCity installs solar panels on rooftop of buildings. Musk […]

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Tesla wagers on renewable energy, to acquire SolarCity for $2.6 billion

Elon Musk’s Tesla Motors Inc. has acquired solar panel installer SolarCity for USD 2.6 billion. Tesla to acquire SolarCity in an all-stock transaction, under the agreement SolarCity stockholders will receive 0.110 Tesla common shares per SolarCity share, valuing SolarCity common stock at $25.37 per share based on the 5-day volume weighted average price of Tesla […]

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Tesla makes an offer to acquire SolarCity

Tesla seeks to accelerate the world’s transition to sustainable transportation by offering increasingly affordable electric vehicles. Last year in March the company launched Tesla Energy, which through the Powerwall and Powerpack allow homeowners, business owners and utilities to benefit from renewable energy storage. Now the company has made an offer to acquire SolarCity. The company […]

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