Tesla has officially signed a ¥4 billion (C$764/US$557 million) deal to build its first grid-scale battery energy storage station in China, leveraging its Megapack technology.
The gigawatt-hour-scale energy storage station is to be located in the Lin-gang Special Area of China (Shanghai) Pilot Free Trade Zone, as per the deal signed by Tesla, the administrative committee of the Lin-gang Special Area, the people''s government of Shanghai''s Fengxian District, and China Kangfu International Leasing Co., Ltd.
One Megapack can provide up to 1 megawatt of power for four hours. "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.
The installation, which is expected to be completed by the end of 2025, will include a 6-megawatt (MW) rooftop solar array and an 8-megawatt-hour (MWh) Tesla Megapack energy storage system.
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