Tesla announces Australian telecom executive to replace Musk as board chair

No, Rupert Murdoch’s son will not be running the world’s largest EV maker.

Democrats control the House. Now what?

The new Democratic majority in the House will still need to deal with a Republican Senate and president, and is unlikely to take bold action.

First Solar’s big format brings big bookings

The PV maker’s quarterly results show not only the ramping of its Series 6 production at a third location, but also bookings that continuing to climb, with 11.3 GW of modules now under contract.

Solar and storage show steady growth as Tesla finally turns a profit

Tesla energy storage deployments grew 18% and storage deployments grew 11%, as the EV + battery + solar company achieves its a long-awaited quarterly profit on the success of its Model 3.

IEA low-balls solar growth (again)

The agency’s base case expects relatively flat growth in solar deployment over the next six years, but for solar to still dominate growth among renewable technologies. The agency’s estimates are again below those of major market analysts.

Elon Musk to step down as Tesla chair

Under the terms of a settlement with the Securities and Exchange Commission (SEC), Musk will be ineligible to serve as chair for three years. The deal also involves a $40 million penalty and structural changes at Tesla.

US: 25% tariffs on Chinese inverters to start on January 1

The final order from the U.S. Trade Representative includes an interim tariff rate of 10% set to start on September 24.

California governor signs 100% clean electricity bill

SB 100 puts California on a path to 100% zero-carbon electricity. What does that mean for the rest of the nation?

GIP launches renewable energy developer, acquires 4.7 GW of SunPower assets

Clearway Energy Group has been formed from NRG’s renewable energy businesses and SunPower’s project pipeline. The move echoes GIP’s acquisition of Equis Energy, which now renamed Vena Energy is developing a GW-scale pipeline in Australia.

Elon Musk scraps plan to take Tesla private

The company’s shares have returned to a level slightly above where they were prior to the August 7 announcement.

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