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.
Their growing use helps stabilize power grids, prevent outages, and reduce reliance on fossil fuels. This project is Tesla’s first large-scale energy storage installation in China, complementing its existing automotive manufacturing presence in the city through Giga Shanghai.
"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.
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.
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Photo: Courtesay of Tesla 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 …
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"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 …
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It will be Tesla''s first grid-side energy storage station to be built on the Chinese mainland. Dong Kun, general manager of Tesla …
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The agreement was finalized on Friday and involves a total investment of 4 billion yuan (approximately 556 million U.S. dollars). The energy storage station will be located in the …
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Tesla, China Kangfu International Leasing, and the Shanghai Municipal Government signed a cooperation agreement to build an …
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Photo: Courtesay of Tesla US electric car maker Tesla signed an agreement on Friday for its first grid-side energy storage project in the …
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Tesla, China Kangfu International Leasing, and the Shanghai Municipal Government signed a cooperation agreement to build an energy storage power station, which …
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Shenzhen, China – Tesla is making a significant stride into mainland China''s grid-scale energy storage market with a landmark Gigafactory-scale project in Shanghai''s Lin-gang …
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It will be Tesla''s first grid-side energy storage station to be built on the Chinese mainland. Dong Kun, general manager of Tesla China''s energy business, said the station, …
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The timing of the project aligns with China’s increasing focus on renewable energy and storage infrastructure, as the country looks to manage the intermittent nature of solar and …
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