Porsche’s venture arm has taken a minority stake in 1Komma5, a five-month-old German startup aiming to offer households everything needed for a carbon neutral home, including energy storage, charging infrastructure for electric vehicles and solar. The investment, the amount of which was not disclosed, follows a series of deals made by Porsche Ventures in the […]
A road map for climate investors
Climate in the last decade has been unprecedented in many ways, none of them good. Wildfires in California have consumed entire towns; thousands of miles away, New Yorkers inhale the ashes.
Tesla’s battery-manufacturing ‘Megafactory’ breaks ground in California
Tesla broke ground on its “Megafactory,” a new production facility in California, so christened because it will produce the company’s large-scale battery system Megapack. News of the previously unannounced factory was confirmed by the Lathrop Mayor Sonny Dhaliwal, in a Facebook post that was deleted and re-posted. “We are proud to be the home of […]
How to meet the demand of EV infrastructure and maintain a stable grid
A combination of a new blueprint for managing energy on the grid plus behavior change is needed.
Tesla’s solar and energy storage business rakes in $810M, finally exceeds cost of revenue
Small as it is, the division is selling more energy storage and solar. Revenue from this division grew 62% from the previous quarter and more than 116% from the same quarter in 2020.