tesla

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Daily News Wrap-Up: SJVN Green, SAEL, Coal India Win GUVNL’s 600 MW Auction

SJVN Green Energy, SAEL Industries, and Coal India were declared the winners of Gujarat Urja Vikas Nigam’s (GUVNL) auction to supply power from 600 MW of grid-connected...

January 29, 2024

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Mercom Staff

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Daily Wrap-up
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Tesla’s Net Income in 2023 Drops 23%, Energy Storage Deployments Surge 125%

U.S.-based electric vehicle (EV) maker Tesla reported a net income of $2.4 billion in the fourth quarter (Q4) of the financial year (FY) 2023, a 39% year-over-year (YoY)...

January 25, 2024

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Gautamee Hazarika

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Electric Vehicles

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Energy Storage

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Market & Policy
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Daily News Wrap-Up: PFC’s 1.25 GW ISTS-Connected Solar Auction

NTPC Renewable Energy (NTPC REL), ACME Cleantech Solutions, and Solarcraft Power India 12 (Blupine Energy) won PFC Consulting’s auction to develop 1,250 MW of interstate...

December 26, 2023

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Mercom Staff

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Daily Wrap-up
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Tesla’s NACS is Officially the Charging Standard for EVs in the US

The U.S. has taken a step towards standardizing Tesla charging technology across public networks by earmarking $7.5 billion to establish a nationwide electric vehicle...

December 22, 2023

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Staff

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Electric Vehicles

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Grid
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Daily News Wrap-Up: SJVN to Trade I-RECs from 1.5 GW Hydropower Project

SJVN has issued a letter of award to EKI Energy Services, a carbon credits developer and supplier, for registering, issuing, purchasing, and trading the International...

October 20, 2023

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Mercom Staff

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Daily Wrap-up
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Tesla’s Net Income Falls 36% in Q3 as Lower EV Prices Hurt Profits

U.S.-based electric vehicle (EV) maker Tesla reported a net income of $2.3 billion in the third quarter (Q3) of the financial year (FY) 2023, a 36% year-over-year (YoY)...

October 19, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-Up: Ministry to Retender Unallocated Battery Capacity Under PLI

The Ministry of Heavy Industries (MHI) announced that it would re-issue the tender for the unallocated 20 GWh Advanced Chemistry Cell manufacturing capacity under the...

July 21, 2023

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Arjun Joshi

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Daily Wrap-up
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Tesla’s Q2 Net Income Up 20% YoY Due to Higher EV Sales

U.S.-based electric vehicle (EV) maker Tesla reported a net income of $2.7 billion in the second quarter (Q2) of the financial year (FY) 2023, a 20% year-over-year (YoY)...

July 20, 2023

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Arjun Joshi

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Electric Vehicles

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Finance and M&A
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Tesla Begins Building $1 Billion Lithium Refinery in Texas

Electric vehicle maker Tesla has begun constructing a 50 GWh in-house lithium refinery in the greater Corpus Christi region of Texas, representing an investment of over...

May 10, 2023

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Gautamee Hazarika

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Electric Vehicles

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Other

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Renewable Energy
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Daily News Wrap-Up: NTPC Invites Bids for 9 GWh of Energy Storage

NTPC Renewable Energy has invited bids for interstate transmission system-connected energy storage projects of 9,000 MWh capacity with a minimum of 1,500 MW capacity to...

April 21, 2023

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Mercom Staff

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Daily Wrap-up
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Tesla’s Q1 Net Income Drops 24% Due to Lower Average Sales Price

U.S.-based electric vehicle maker Tesla reported a net income of $2.5 billion in the first quarter of the financial year (FY) 2023, a 24% year-over-year (YoY) drop. The...

April 20, 2023

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Gourav Mishra

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Electric Vehicles

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Finance and M&A
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Daily News Wrap-Up: India’s Wind Installations Grew by 168% YoY in Q1 2023

Wind capacity installations in India rose 168% year-over-year to 737.9 MW in the first quarter of the calendar year 2023. Installations grew 222% quarter-over-quarter...

April 13, 2023

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Mercom Staff

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Daily Wrap-up
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Tesla to Build a New Battery Manufacturing Facility in Shanghai

Electric vehicle maker Tesla said it will build a new gigafactory in Shanghai, exclusively focused on producing the firm’s energy storage product Megapack. The...

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Tesla Misses Rooftop Solar Installation Target by Big Margin: Report

A recent report by Wood Mackenzie said that Tesla Solar Roof achieved 2% of its weekly rooftop solar systems installation target last year due to increasing competition....

March 31, 2023

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Satish Shetty

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Markets & Policy

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Rooftop

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Solar
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Tesla’s Q4 Profit Up 19% YoY, Solar & Storage Revenues Rise to $1.31 Billion

Tesla recorded a revenue of $24.32 billion from all its businesses in the fourth quarter (Q4) of 2022, a year-over-year (YoY) of 37% compared to $17.72 billion in the...

January 27, 2023

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Arjun Joshi

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Electric Vehicles

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Finance and M&A

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