“Tesla Scoops Up SunEdison’s Energy Storage Leader Amid Bankruptcy Chaos”

“Tesla Scoops Up SunEdison’s Energy Storage Leader Amid Bankruptcy Chaos”

You are currently viewing “Tesla Scoops Up SunEdison’s Energy Storage Leader Amid Bankruptcy Chaos”

SunEdison, the renewable energy giant, is in financial trouble and reportedly preparing to file for bankruptcy. As a result, Tesla has taken the opportunity to hire one of SunEdison’s tesla-scoops-up-sunedisons-energy-storage-leader-amid-bankruptcy-chaos/” title=”"Tesla Scoops Up SunEdison's Energy Storage Leader Amid Bankruptcy Chaos"”>key energy storage team members, Mohammad C. Bozchalui, who is an expert in grid solutions. This move comes as Tesla ramps up its energy storage efforts, with its residential energy storage installations beginning in the US this summer and starting in Europe and Australia as well. Tesla estimates this business could bring in $500m in revenue this year. Bozchalui’s appointment appears to be an important step in optimising Tesla’s energy storage systems and making the economics work on every level. As the industry grows, it’s likely there will be an increased focus on integrating energy solutions and technology into the wider energy grid systems, and optimising how those grids run. Tesla seems to have identified this potential and making the right hires to grow in this industry.

Leave a Reply