Home battery makers get a boost after Hurricane Maria [CNBC]
Tesla, Inc. (TSLA)
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Source: CNBC
The CEO of Puerto Rico's largest solar provider said the hurricane that struck the island last month accelerated the timeline for home batteries by as much as a year and a half. Makers of home batteries have ramped up manufacturing in response to the humanitarian disaster at such a scale that it could have an impact far away from Puerto Rico's storm-battered shores, according to John Berger, CEO of Houston-based Sunnova. Global battery makers like Tesla were completely focused on the electric vehicle market, Berger said. [Hurricane] Maria has changed that. Tesla, which has reportedly shipped hundreds of its Powerwall home battery systems to the island, did not respond to a request for comment. Sunnova is the second-largest energy provider in Puerto Rico behind the government-owned Puerto Rico Electric Power Authority, according to Berger, accounting for about 1.5 percent of electric generation on the island. Wind energy also accounts for a substantial portion of Puer
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