Tesla new battery have been publicly unveiled and are due to ship this summer. They are cheaper the grid energy and eliminate your need on Grid reliance. This is a great precaution, especially if the grid fails at some point in the near future. Those times will be difficult if you are not prepared. – Jamil
Read more: http://www.teslamotors.com/powerwall?utm_campaign=&utm_source=facebook.com&utm_medium=ts.la-twitter&utm_content=awesm-inlinelinkcreator
Thank you CosmicVision News – for the information….- Jamil (http://www.cosmicvisionnews.com/)
Chinese billionaire Li Hejun, chairman of solar-equipment manufacturer Hanergy Holding, is expanding his business into the auto sector.
Hanergy will launch five models of solar-powered cars in October, according to a Feb.2 post on the company’s website. The models can run up to 100 km after four hours of charging, according to the statement.
“Hanergy is working with three foreign partners and two domestic firms to develop solar-powered vehicles,” the firm says in the statement. “The market potential is huge.”
The company is also partnering with Tesla Motors in building a “supercharger network.” Hanergy in April delivered two photovoltaic charging stations for the Palo Alto, California-based electric car firm, as Elon Musk continues to invest in charging stations in China.
Li is not the only Chinese billionaire with an ambition in the country’s new-energy vehicle market. Jia Yueting, chairman and founder of Leshi Internet Information & Technology, a manufacturer of Internet televisions and set-top video boxes, is seeking license to build electric cars. Wanxiang Group, an auto parts manufacturer headed by billionaire Lu Guanqiu, in February acquired electric car pioneer Fisker Automotive for $149.2 million.
The sector is spearheaded by billionaire Wang Chuanfu, chairman of the Warren Buffett-backed electric cars company BYD. The company is planning to roll out plug-in hybrid SUVs later this year.
Li Hejun, who last year published his new book China’s New Energy Revolution, currently ranks No.5 on the China Rich List, with a wealth of $ 12.2 billion. Lu Guanqiu is No.16 with a fortune of $ 5.1 billion. Wang ranks No.22 with a net worth of $ 3.6 billion. Jia Yueting ranks No.78 on the list with a net worth of $2.2 billion.
Sourced from: http://americankabuki.blogspot.ca/2014/12/why-elon-musks-batteries-scare-hell-out.html
original link – http://www.cryptogon.com/?p=45568 via Bloomberg
Why Elon Musk’s Batteries Scare the Hell Out of the Electric Company
December 9th, 2014
Disclosure: I sell solar power systems in New Zealand.
At a sagebrush-strewn industrial park outside of Reno, Nevada, bulldozers are clearing dirt for Tesla Motors Inc. (TSLA)’s battery factory, projected to be the world’s largest.
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.
Yet Musk’s so-called gigafactory may soon become an existential threat to the 100-year-old utility business model. The facility will also churn out stationary battery packs that can be paired with rooftop solar panels to store power. Already, a second company led by Musk, SolarCity Corp. (SCTY), is packaging solar panels and batteries to power California homes and companies including Wal-Mart Stores Inc. (WMT)
“The mortal threat that ever cheaper on-site renewables pose” comes from systems that include storage, said Amory Lovins, co-founder of the Rocky Mountain Institute, a Snowmass, Colorado-based energy consultant. “That is an unregulated product you can buy at Home Depot that leaves the old business model with no place to hide.”
The Tesla systems are arriving just as utilities begin to feel increasing pressure worldwide from the disruption posed by renewable energy.
Research Credit: winstonsmith
To read more click here
Sourced from http://goldenageofgaia.com/2014/06/22/plan-for-worlds-largest-solar-panel-production-plant-announced/ thank you Stephen Cook.
Original story by Brandon Baker, EcoWatch, June 19, 2014 – http://tinyurl.com/nlufycc
Elon Musk’s alternate-energy aspirations don’t end with Tesla’s electric vehicles (and its recent announcement to ‘open source’ its design patents).
Musk is also chairman of SolarCity, a firm responsible for three times the solar panel installations of its closest competitor. Along with executives Peter and Lyndon Rive, Musk announced this week that the company will create a solar plant that would be the equivalent of Tesla’s “gigafactory” plan announced earlier this year. Continue reading