Tesla lands tax abatement for Texas Megapack factory
County officials have approved a tax abatement for Tesla to build a manufacturing facility for its utility-scale battery energy storage product, Megapack, in the Lone Star State. The final approval is conditional on an agreement with city authorities.
Tesla begins production at Shanghai Megapack Factory amid intensifying price war
Tesla’s first overseas energy storage plant starts operating as global competition from Chinese firms and pricing pressures mount.
A fork in the road for energy storage
Faster-than-expected price falls and global oversupply of batteries will go up against a rising tide of global protectionism this year. So how will it all shape up for the energy storage industry? Storage industry thought leader and UN adviser Marek Kubik considers the key issues.
Tesla’s 2024 energy storage revenue surpasses $10 billion
Records are tumbling for Tesla’s battery energy storage business with revenues growing 67% and deployments surging 114% year-on-year.
Exus secures $312 million for solar-plus-storage project in New Mexico
Energy from the project will be purchased by Public Service Company of New Mexico to support a Meta data center in New Mexico.
Sunrise brief: Treasury updates domestic content guidance, elevates wafers made in U.S.
Also on the rise: Fire at California’s Moss Landing battery plant triggers evacuation. Coalition of 17 state attorneys general urge Congress to retain clean energy tax credits. And more.
Majority woman-owned developer begins construction on solar, battery facility in Nevada
The 185 MW solar and 400 MWh battery energy storage Nevada facility is expected to be in operation later this year.
Sunrise brief: SolarEdge stock jumps as the company announces more layoffs
Also on the rise: Ohio’s largest solar project goes online. Tesla smashes its own records with big increase in energy storage deployments in 2024. And more.
Tesla smashes its own records with big increase in energy storage deployments in 2024
Tesla’s energy storage deployments broke its own year-on-year records in 2024, for another consecutive year.
Aypa secures 1 GWh Arizona battery, Arevon activates 600 MWh Tesla battery
Aypa Power has secured $398 million for its 250 MW/1 GWh Pediment battery energy storage system (BESS) and the first phase of Arevon’s 758 MWdc solar and 300 MW/1.2 GWh Tesla Megapack BESS project is operational.
