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Solar photovoltaic application only 27 mw tesla solar business 'in the history of the worst installation season'

Solar photovoltaic webex tesla in unscathed coronavirus survived a pandemic, for the first time on Wednesday for the fourth consecutive quarterly profit.

but, in the aspect of energy, the situation is more complicated: tesla reported its worst quarterly solar installation, but its battery business is a huge growth. However, CEO elon & middot; Musk ( Elon Musk) Prediction, the energy business will one day in terms of scale comparable to auto sector.

in the first quarter is completely influenced by coronavirus reaction, the reaction by cutting off personal selling the rooftop solar industry into a tailspin. Other installation personnel scrambling to online sales strategy, but tesla as early as a few months ago has been to do so.

provides a test case in the second quarter, on whether or not the tesla turned to passive online sales is home to deal with the order. Other publicly traded solar installer has yet to report second-quarter results, but tesla provides the worst ever quarterly solar data: only 27 megawatts. Compared with the second quarter of 2019 fell by 7%, this is the most terrible solar a quarter.

musk speech to investors did not mention the poor performance, but stressed that the company decided to provide the country in late June the cheapest solar's decision. He talked about rooftop solar said: & other; We are the company. ” “ Later this year will only get better. ”

advanced solar analyst at Wood Mackenzie, Austin Perea said: & other; Because of COVID initial impact of the market, each residential installation will be the country's poor performance in the second quarter. ” “ It is hard to the influence of COVID separated from their respective strategies. ”

Perea added, tesla of installed solar fell 23%, is not expected as rooftop solar industry in the second quarter fell so bad.

in the car, tesla's sales decline is less than the major automobile manufacturers. Solar power is also likely to keep the same pattern: more than one or Vivint drop less serious decline can be said to be a victory. But this quarter to make clear, in the second quarter of 2019 is not the lowest point for tesla's solar business. Tesla with SolarCity solar business was once leading residential market, but since the tesla in 2016 has dropped sharply since the solar business.

tesla currently ranks third in the residential solar installer. But the number one installer one said this month that it would buy second installer Vivint Solar, so tesla default become the second largest installer. Tesla's investors are calling for a major integration made no mention of rooftop solar markets.

solar and energy storage revenue accounts for only 7% of cars income at present. But musk reiterated his prediction, that is, this is not always the case. He said on a conference call on Wednesday: & other; In the long run, the scale of the tesla energy will be roughly the same size with tesla motors. ”

lateral grid energy storage business to make people more optimistic: deploy capacity than the first quarter rose by 61%, solar net, 419 megawatts. Pre-packaged large-format Megapack products first in the quarter profits.

solar photovoltaic network statement: this information is reproduced from the power grid cooperation media or other Internet website, solar photovoltaic network published the article for the purpose of the information, solar panels, does not mean that agree with his point of view or confirm its description. The article content is for reference only.

this paper statistics the September to today issued a total of 2. 85 gw pv power plant EPC and 1. 9 gw component bid opening information. Among them, the EPC project owner units is given priority to with soe/state, solar portal, this also reflected from the side, in project bidding and parity, the state-owned enterprises have become the absolute main force. Specifically, CGNPC in development of 410 mw, 603 mw, guangzhou 220 mw, 345 mw, jin can group energy saving solar power network, the people vote for 200 mw, 190 mw hubei energy group, huaneng 180 mw

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