- Tesla’s solar installations plummeted by nearly 50% YoY to 49 MW in Q3/2023.
- In the first 3 quarters of 2023, solar deployments dropped over 26%.
- In contrast, Tesla’s energy storage business grew by 90% YoY to 4.0 GWh in Q3/2023.
- Generation and storage revenues increased 40%, adding $1.56 billion to total revenues.
Tesla’s Q3 PV installations drop significantly
Decline attributed to high interest rates and the end of net metering in California.
BayWa r.e.’s solar portfolio supports tax revenue and renewable energy growth in key US markets. (Image Source: Bawya-re)
LONGi’s 2025 contracts include 1 GW for Scatec and 1.25 GW for Masdar’s 4 GW solar project. (Image Source: Zawya)
Silfab’s Fort Mill facility expansion supports reshoring of US made solar products. (Image Source: Silfab Solar)
Allegations include bribing Indian officials to secure renewable energy projects worth $6 billion. (Image Credit/Source: Kelly/Pexels)