Smart Buildings

Tesla’s New Energy Products Leave Competitors Playing Catch Up

Tesla continues their busy year with the announcement of three new products last week. There were releases for the second generation of their powerwall and powerpack energy storage systems, in addition to the long awaited debut of their pioneering solar roof – an energy producing glass roof tile set to revolutionize home solar installations. In August, Tesla CEO Elon Musk proposed the acquisition of another of his companies, SolarCity, by Tesla, and just a couple of weeks ago Tesla announced a partnership with Panasonic on PV solar production. Tesla also achieved their first profitable quarter in Q2 this year, and followed it up with another profitable quarter in Q3 last week, now these product releases are adding to what is already a landmark year for the company. The Powerwall 2 is a rechargeable lithium-ion battery designed to enable self-consumption of solar power, emergency backup, load shifting and other grid service applications. It builds on the […]

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