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Westward Group Alternative Energy: Tesla Unveils Renewable Energy Batteries for Homes and Businesses

Once you’ve heard the name of Tesla Motors Inc., you’ll immediately think that it is just a car company. However, it is also an energy innovation company according to the report from Westward Group Alternative Energy.

Recently, it introduces Tesla Energy, a collection of batteries for homes, business, and utilities providing a clean energy ecosystem. Tesla batteries store sustainable and renewable energy to manage power demand, provide backup power and increase grid resilience.

Tesla grew its business beyond electric vehicles and engaged into the fast-growing area of energy industry, and Tesla Energy is a critical step in the mission of enabling zero emission power generation.

Tesla Motors Inc. CEO Elon Musk revealed the products to a group of business partners and journalists at a Tesla facility near Los Angeles.

Tesla grew its business beyond electric vehicles and engaged into the fast-growing area of energy industry, and Tesla Energy is a critical step in the mission of providing zero emission power generation and changing the entire energy infrastructure of the world.

Tesla Energy consists of two separate products, which are the Powerwall and the Powerpack. Musk described these products as helping to wean the world off fossil fuels.

Powerwall is a home battery that charges using electricity produced from solar panels, or when energy rates are low, and powers your home in the evening. It also supports your home against power outages by providing a backup electricity supply. It is available in 10kWh, optimized for backup applications or 7 kWh optimized for daily use applications. It is easy to install, compact, automated, and offers independence from the utility grid and the security of an emergency backup.

The 10kWh Powerwall is designed to provide backup when the grid goes down, providing power for your home when you need it most. When combined with solar power, the 7kWh Powerwall can be used in daily cycling to extend the environmental and cost benefits of solar into the night when sunlight is not available.

On the other hand, Tesla defined the Powerpack as an infinitely scalable system that can work for businesses, in industrial applications, and even public utility companies, that comes in 100 kWh battery blocks that can range from 500 kWh all the way up to 10MWh and higher. Musk states that the company’s mission was to basically change the way the world utilizes energy on an extreme scale.

Musk opened the press event by mentioning climate change, and saying that it’s within the power of humanity to change the way we produce and use power. He views the $5 billion gigafactory which is under construction in Reno, Nevada as a product, the first of many. He also added that with 160 million Powerpacks, they could power the United States, and with 2 billion, the world. The event was powered by stored solar energy.

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Westward Group Alternative Energy Tokyo, Asia, Paris Strategic Analysis – Energy sector faces issues regarding climate change and energy consumption

Executive Director of the Joint Institute for Strategic Energy Analysis, Douglas Arent, talks about the result of the imminent climate change and the challenges and opportunities the energy sector faces regarding the matter, in a lecture held in the Peter O’Donnell building as reported by Westward Group Alternative Energy blog.

Arent stated that the energy sector must decrease the amount of energy required to power a domestic economy and minimize its carbon footprint in order to help the United States overcome the results of climate change. Furthermore, he also noted that in order to reach the world’s demand for energy, carbon productivity must increase three times as quickly as labor productivity did during the Industrial Revolution.

According to the research of Arent’s team, which was requested by the Department of Energy, the United States could possibly meet the amount of its 2050 estimated electricity demand by using renewable energy.

As a result, renewable energy will represent anywhere from 30 to 90 percent of energy consumption. Arent also discussed that due to the desire of older people to create a sustainable earth for younger generations, they tend to invest more in clean and renewable sources of energy because they care for their children and grandchildren.

Trong Nguyen, a finance sophomore claims that in order to support the world’s energy demand in the future, the carbon productivity levels should increase. He also stated that he wouldn’t be surprised if future technological breakthrough allows society to quickly reach the carbon productivity levels that could meet the world’s demand for energy.

Jonathan Tran, a public health freshman said that experts should be devoted to increase their research to find more possible sources of renewable energy, because he believes that using an increasing amount of renewable sources of energy will support the society to deal with both the persistent problem of energy sources and limiting nonrenewable energy’s damaging impact on earth.

Energy investments are increasingly distributed to clean and sustainable energy due to the fact that decarbonizing initiative is gaining more traction. Bloomberg Energy Finance projected that for the next twenty years there will be a constant and relatively significant increase in investment in clean energy technologies and also a decrease in fossil fuel investment worldwide.

Westward Group Alternative Energy Tokyo, Asia, Paris Summit: Wind energy companies Gamesa, Suzlon & Mytrah infusing huge funds into solar energy

Big wind energy cos such as Gamesa, Mytrah and Suzlon are all diversifying into solar space this year with plans to invest several hundred million dollars in the next 5 years.  Read more at: http://economictimes.indiatimes.com/articleshow/46913177.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Big wind energy cos such as Gamesa, Mytrah and Suzlon are all diversifying into solar space this year with plans to invest several hundred million dollars in the next 5 years.

NEW DELHI: Big wind energy companies in India such as Gamesa, Mytrah and Suzlon are all diversifying into solar space this year with plans to invest several hundred million dollars in the next five years in installing thousands of solar megawatts, given the government’s impetus to the sector.

While London’s Alternative Investment Market (AIM) -listed Mytrah Energy (India) Ltd, which is an independent power producer, plans to invest a total of $400 million, of which $100 million would be in equity over the next one year solely in setting up its solar business, Gamesa India will invest euros 200 million over the next two years for its overall operations, as it diversifies into solar space this year.

“We don’t want to depend on only one kind of fuel. Last year, the prices in solar were high and we didn’t want to do subsidy-driven business as it is not sustainable. We’re waiting for tenders related to National Solar Mission now and hope to be in the 1,500-2,000 MW range over the next 5-7 years,” Vikram Kailas, MD at Mytrah Energy, told ET.

The company intends to install nearly 100 MW of solar energy projects over the next one year, he added. Similarly, the Indian subsidiary of Spanish wind turbine maker Gamesa, which has the largest wind energy market-share in the country, is also diversifying into solar power this year with plans to install 100 MW going up to 500 MW in the next two years.

“I have a target of 100 MW of solar EPC, rooftop installation and village electrification this year but we might exceed this as we’re talking to both domestic and foreign developers who are talking to us for large solar power plants and we’re giving them turnkey solutions. We’ll also venture into off grid with net metering,” said Gamesa India CMD Ramesh Kymal.

Solar energy, said Kymal, is the way forward for India in the long term as the country has more sunshine than wind. Wind turbine maker Suzlon, meanwhile, plans a hybrid model of wind and solar energy, whereby solar plants will be set up on the same land as wind turbines.

This is intended to save the company from land issues and overcome power evacuation hurdles as grid is available near wind farms. Its target is to install 500 mw over the next years.

According to strategy consulting firm Frost & Sullivan, it is a natural extension for independent power producers (IPPs) in the wind space to branch out to solar.

“In India, while wind sector is more mature, solar has just picked up. The fact that solar energy in India is inching closer to grid parity and government is increasing its focus on solar energy, installations through regulations and revised solar energy capacity addition targets has resulted in IPPs building up solar plants as well. But both wind and solar are equally appealing business opportunities for companies from the point of view of attractiveness,” says Amol Kotwal, Director, Energy & Environment Practice, Frost & Sullivan.

The country has 22,000 MW, or 22 gigawatts (GW), of wind energy installation and a little over 3,000 MW of solar power plants in the country. The government seeks to scale up solar to 100 GW and wind to 60 GW by 2022, which will require investments of nearly $200 billion.