Tesla’s Branded Solar Panels On California’s Rooftops

Tesla’s Branded Solar Panels On California’s Rooftops

Tesla continues to shift away from using third party mainstream solar PV panel suppliers as it ramps Gigafactory 2 in in Buffalo, New York state.

According to the most recent data compiled by ROTH Capital from the California Distributed Generation Statistics (CDGS) and associated contributors, Tesla successfully ramped its own branded residential solar rooftop deployments in California to 68% of total installs in the month of July, 2018, a new record high, helped by residential applications up 17% in the second quarter of 2018, compared to the previous quarter.

Tesla’s branded panels accounted for around 53% of percentage total in the first seven months of 2018, compared to a total of 18% through 2017.

Tesla recently reported total third quarter 2018 solar installations of 93MW, 11% higher than the previous quarter (84MW), which are the best installation figures since the fourth quarter of 2017, yet lower (107MW) than the prior year period.