Tesla and Apple facilitate innovative solar projects

Mar 12, 2017, 01:04
Tesla and Apple facilitate innovative solar projects

For Tesla, it's the flawless avenue to demonstrate how they can deploy solar facilities like the one in Kauai to the rest of the world.

While investors on Wall Street debate whether Tesla's ambitious transformation from electric vehicle maker to sustainable energy company will pay off, its industrial power packs are already having an impact on at least one U.S. state.

Tesla's long-awaited powerplant Kauai solar power facility is now finally open for business.

The project will also help in the reduction of fossil fuel power by 1.6 million gallons per year, however, it won't end the complete dependency of Kauai on fossil fuels. Yet for Wall Street analysts, it isn't enough to convince them that the Tesla's energy initiatives will be enough to move the needle. That's because solar energy business remains to have uncertain economic and regulatory forces.

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Tesla Chief Technical Officer JB Straubel attributed analyst scepticism to the fact that solar and energy storage form a new market. In total, these projects will produce more than 12MW of solar power, which is more than Ibiden now needs to manufacture Apple products. "So we don't see this changing and the long-term trend is going to be the same".

In the biggest project since it acquired the solar cell giant SolarCity, the Tesla company will build a 13-megawatt solar farm on the island of Kauai, covering more than 44 acres (18 hectares).

Tesla has taken it its mission to become the world's first only vertically integrated energy company that offers 100 percent clean energy products.

According to TechCrunch, one of the most notable advantages of this solar power facility is that it can capture solar energy at the peak hours of day time when the sun rises at the highest stake and can also store the energy to apply and utilise it at the peak power consumption hours at night. Hawaii will still depend on diesel shipped for its earlier power generation process.