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Tesla: Another US$ 750 Million Capital Increase

Tesla: Another US$ 750 Million Capital Increase

by | Jan 7, 2016 | North America

Tesla-ModelX

Tesla Model X

A capital increase again: around US$ 750 million going to Tesla. Whether this will help provide the cash needed to build the Gigafactory for batteries – which is said to cost up to US$ 5 billion – seems doubtful. The increase also left a bitter aftertaste, as Morgan Stanley was the underwriter (placed the shares) of the “spontaneous” capital increase and, at the same time, a new study (more…)

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ENE-FARM installed 120,000 residential fuel cell units

ENE-FARM installed 120,000 residential fuel cell units

by | Sep 21, 2015 | Asia

Nedo-web

Nedo, Japan, showed their first CHP fuel cell systems in Hannover 2008

Japan’s ENE-FARM program is arguably the most successful fuel cell commercialization program in the world. ENE-FARM has supported the deployment of well over 120,000 residential fuel cell units and is providing proof that long term public-private partnerships can push new technology into the marketplace. New models coming on the market in 2015 are smaller, more efficient, cheaper and more easily installed than previous models. (more…)

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