Elon Musk
Tesla’s New Energy Products Leave Competitors Playing Catch Up
November 2nd, 2016Should Human Intelligence Be The Blueprint For Artificial Intelligence?
September 6th, 2016
“The World’s First Vertically Integrated Sustainable Energy Conglomerate”?
“Solar and batteries go together like peanut butter and jelly,” said entrepreneur, Elon Musk, in a company call last week. The comment came after one of Musk’s companies, energy service provider SolarCity, accepted $2.6bn in stock for one of Musk’s other companies, electric vehicle (EV) manufacturer Tesla Motors. Musk owns around a 20% stake in […]
Energy Storage Considers the Implications of Investment Tax Credits Drop in 2017
In 2006, the US government decided to encourage renewable energy market growth with financial incentives, for solar, wind, and other renewable energy products. Through their Investment Tax Credits (ITC) policy they provide a 30% tax credit to owners of investments in clean energy projects. Following the rapid development of energy storage technology, in 2013 the […]
Predictions Suggest a Sharp Fall in Energy Storage Costs
A report published by the Australian Renewable Energy Agency last week predicts a “mega-shift” to energy storage adoption, driven by demand. The report expects to see the costs of lithium-ion batteries fall by 60% in less than 5 years, and by 40% for flow batteries, and all this without significant changes in chemistry and technology, […]
Tesla Smart Home Battery Systems set for Europe and Beyond
Tesla’s Powerwall smart home based energy storage device will go on sale in the United States later this year, and the company has suggested it will roll out the product internationally some time next year. Germany, for example, is seen as a key market for the product because it has among the highest take-up of […]
Commercial and Industrial Smart Buildings Primed for Energy Storage
In the first quarter of 2015, 5.8 megawatts of energy storage systems were installed across the US, 16% higher than the same period in 2014 – according to a report released by GTM Research and Energy Storage Association last week. The US is forecast to deploy a total of 220 megawatts in 2015, more than […]
Tesla Energy Announces the Powerwall Battery; Signalling More Disruption for Utilities
Tesla CEO Elon Musk launched a new chapter for his company in a long awaited announcement on building-based energy storage late last week. The company officially released the Powerwall battery product, designed to store solar energy and potentially allow customers to be entirely grid independent. “Our goal is to fundamentally change the way the world […]
Tesla set to Enter Home Energy Storage Market
Elon Musk, CEO of Tesla Motors, announced that the company has completed the design for a new kind of battery that will be used to power homes. Based on Tesla’s lithium-ion battery technology, the new battery is expected to help the company become a leader in the growing home energy storage market. During a conference […]
California Sparks the Energy Storage Revolution
For years we have been hearing about energy storage and how it will revolutionise the power sector. The key piece of the power puzzle, which will bring together smart building, smart grids, and renewable energy, into a fully functional and self-reliant system. Year after year we anticipate that revolution but it still hasn’t really taken […]