The three companies are coming together to monitor Huawei’s FusionHome Smart Energy Solution. Customer data security system robustness drives move.
A software update for the Powerwall 2 home energy storage system adds controls to allow owners to take advantage of time of use electricity rates in California and other states.
The California Energy Commission is expected to approve the 2019 Building Energy Code that calls for solar PV on all new homes. The goal is net zero residential energy usage.
The company’s energy generation and storage division set a record of $410 million in revenue during Q1, but solar power fell to 2013 deployment levels.
The thin film solar maker is also reviving its EPC division with a goal to build 1 GW of solar projects each year, as well as increasing its presence in O&M services.
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