Tesla remains top global battery energy storage system integrator
Tesla retained the top spot for global market share of battery energy storage systems, though the gap is closing in the “incredibly intense” competitive landscape, said Wood Mackenzie.
Tesla taps LG Energy for $4.3 billion energy storage deal
Tesla has selected LG Energy Solution (LGES) to supply lithium iron phosphate (LFP) batteries for its US energy storage products in a deal reportedly worth $4.3 billion, according to South Korean media.
Tesla Energy has quietly become the company’s most profitable division
After years of negative margins, Tesla’s energy division is now a key driver of profitability. So far in 2025, the division has contributed 23% of Tesla’s total profit while accounting for just 13% of revenue, boosting the company’s overall profitability by nearly 2 percentage points.
Tesla deploys 9.6 GWh of batteries in Q2, 10 GWh Nevada cell factory ‘nears completion’
The electric vehicle company reported flat energy storage growth quarter over quarter but nearly 50% growth year to date compared with 2024. Tesla has deployed 37.9 GWh over the past four quarters and is approaching 100 GWh total deployed.
RFP alert: Massachusetts takes steps toward 40 GWh of energy storage
The Commonwealth issued a draft request for proposals of 1.5 GW of batteries with storage durations of 4 to 10 hours, primarily funded through the state’s Clean Peak Standard. The procurement is part of a broader effort to procure 5 GW of energy storage by 2030.
U.S. residential solar falls to lowest-ever $2.50 per watt, said EnergySage
Quotes for rooftop solar projects are averaging $28,750 before incentives, said the marketplace operator.
A Boston hospital’s 572 kW battery is expected to pay for itself in 7 to 10 years
The battery system is expected to earn $80,000 per year by providing energy to the local utility during peak summer demand periods, while saving $57,000 per year by reducing the hospital’s own monthly and annual peak consumption.
Tesla Powerwall demand declines on negative sentiment toward Musk
A Roth Capital Partners survey of residential solar and storage installers revealed a market shift away from the leading home battery provider.
Clearway Energy begins construction on $605 million energy storage portfolio in Utah
Each project will use 4-hour Tesla Megapack lithium ion batteries located adjacent to four operating solar power plants.
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.
