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The Port Chester company is hoping to benefit from Tesla's announcement of its highly-touted – yet still to be deployed – solar roof panel system.
The rooftop solar project is part of the company’s efforts to utilize 135 megawatts of alternative and renewable energy by 2020.
The Connecticut Retirement Plans and Trust Funds owns a small portion of Tesla, which has been trying to win state approval to sell its cars in Connecticut for the past several years.
Tesla operates galleries in states where it is prevented from bypassing dealership networks in favor of direct customer sales.
The Connecticut Retirement Plans and Trust Funds, which owns a part of the automaker, maintains conflicts of interest among other concerns.
Elon Musk defends his company’s sales model, which bypasses the auto dealership network in favor of direct contact with potential buyers.
Geothermal systems offer strong return on investment, says New England Design Hall of Fame inductee.
The bills – supporting instituting electronic tolls on state highways and allowing Tesla to sell cars directly to consumers – are now being considered by the Connecticut House of Representatives.
Oakland-based Sungevity has eliminated 350 jobs and arranged a sale of its assets to an investment group.
As written, HB 7097 would “allow the Commissioner of Motor Vehicles to issue a new or used car dealer’s license to an electric vehicle manufacturer,” not just Tesla.
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