Tesla's energy storage product deployment hit a record high, and the company signeer a large energy storage order
2024-07-04 17:54

TrendForce has learned that on July 2, Tesla's production and delivery report for the second quarter of 2024 was released. According to the report, in terms of energy storage product deployment, Tesla's installed energy storage capacity has reached 9.4GWh in the quarter, a year-on-year increase of 157% and a quarter-on-quarter increase of about 132%, setting a new record for energy storage installed capacity in a single quarter.

In addition, Tesla deployed 9.4 GWh of energy storage products in the second quarter. With 4.1 GWh of battery energy storage deployment in the first quarter, the cumulative value in the first half of the year has reached 13.5 GWh, which is very close to Tesla's 14.724GWh energy storage deployment in the whole of last year. (This includes 3.889GWh in the first quarter of 2023, 3.653GWh in the second quarter, 3.980GWh in the third quarter, and 3.202GWh in the fourth quarter.)

Tesla Energy said that the impressive results in the second quarter of this year were mainly due to the continued expansion of the Megapack at the Laslop super energy storage plant in California. Megapack is a super-large commercial energy storage system built by Tesla.

Tesla's energy storage business mainly includes two types of products: Powerwall and Megapack. Powerwall is a home energy storage system capable of storing electricity generated by solar panels for power supply at night or in the event of a power outage. Megapack is an ultra-large commercial energy storage system for large commercial and industrial customers such as data centers, hospitals, and schools.

With an overall annual capacity of 40GWh, the Lassrop Gigafactory is approaching its operational cap based on the results of the Q2 2023 energy storage deployment. But that doesn't mean this is Tesla's overall energy storage cap, as Shanghai's energy storage gigafactory is still under construction.

Recently, New Zealand diversified energy company Contact Energy announced a partnership with Tesla to build a 100MW battery storage facility in Glenbrook, New Zealand, at a cost of up to US$163 million.

Tesla won the bid for its Megapack 2 XL battery energy storage system, which will be responsible for commissioning and long-term maintenance.

In addition, the partnership agreement with Tesla includes an option to expand the capacity of the energy storage site to 130MW in the future. This expansion option provides greater flexibility and potential for the future development of the project.

Tags:energy storage , Tesla