Tesla to Lay off 10% of Workforce After Dismal Quarterly Sales

According to multiple reports, Tesla plans to lay off about a tenth of its workforce as it tries to cut costs following dismal first-quarter sales. 

CEO Elon Musk detailed the plans in a memo sent to employees. The layoffs could affect about 14,000 workers. 

More: The Associated Press 

NYISO Appoints Michael Crowe to Board of Directors

NYISO on April 16 announced its selection of Michael Crowe to its board of directors, effective the same day. 

Crowe has 39 years of experience in software development, IT infrastructure and cybersecurity with several private-sector entities. From 2014 through 2022, he served as the chief information officer for Colgate-Palmolive. 

More: NYISO 

Copenhagen Infrastructure Partners Acquires NY Onshore Wind Portfolio

Copenhagen Infrastructure Partners (CIP) on April 15 announced it has acquired Liberty Renewables, a 1.3-GW portfolio of onshore wind projects in New York. 

Liberty’s inaugural project, Hoffman Falls Wind, is scheduled to begin construction in 2026. The remaining projects are expected to start construction between 2027 and 2030. 

More: North American Windpower 

Nova Clean Energy Acquires 1 GW Wind, Solar Portfolio in Texas

Nova Clean Energy on April 17 announced it has acquired a 1-GW wind and solar development portfolio from BNB Renewable Energy. 

The portfolio on the Texas Gulf Coast, known as HyFuels, also includes an early-stage green ammonia project. Financials of the transaction were not disclosed. 

More: Power Technology