Tesla will build China''s largest grid-side battery storage plant in Shanghai. The $556 million project, involving over 100 Megapacks, aims to stabilize China''s urban power grid. Tesla’s energy expansion in China comes as demand for large-scale battery systems grows.
Tesla’s energy expansion in China comes as demand for large-scale battery systems grows. Tesla has signed its first agreement to build a utility-scale battery storage facility in China, marking a major step in the company’s global energy ambitions despite ongoing trade tensions between Washington and Beijing.
US electric car maker Tesla signed an agreement on Friday for its first grid-side energy storage project in the Chinese mainland, according to a statement the company sent to the Global Times on Friday.
"The grid-side energy storage power station is a ''smart regulator'' for urban electricity, which can flexibly adjust grid resources," Tesla said on Weibo, according to a Google translation. This would "effectively solve the pressure of urban power supply and ensure the safe, stable and efficient electricity demand of the city," it added.
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Tesla will build China''s largest grid-side battery storage plant in Shanghai. The $556 million project, involving over 100 Megapacks, aims to stabilize China''s urban power grid. …
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