Tesla nears 4 GWh of battery storage installs in 2021

January 28 (Renewables Now) – Tesla Inc (NASDAQ:TSLA) this week reported outcomes for 2021, displaying a 68% year-on-year leap in photo voltaic installations and a 32% improve in power storage deployments to virtually 4 GWh.

Final 12 months, the corporate put in 345 MW of photo voltaic techniques, considerably greater than in 2019 or 2020, however nonetheless beneath the 2017 stage of 523 MW. Tesla stated money/mortgage purchases accounted for nearly all the photo voltaic techniques put in in 2021. Photo voltaic Roof deployments have tripled when in comparison with 2020, however the firm didn’t reveal particular capability figures.

Storage techniques deployment reached 3,992 MWh, primarily due to sturdy curiosity within the Megapack giant power storage product. Demand stays higher than capability and development within the phase has been restricted by provide, Tesla stated.

The corporate is constructing a Megapack manufacturing unit in response to the sturdy demand.

The desk accommodates extra particulars on deployments.

Vitality division 2021 2020 This fall 2021 Q3 2021
Photo voltaic deployed (MW) 345 205 85 83
Storage deployed (MWh) 3,992 3,022 987 1,295

The subsequent desk accommodates particulars on Tesla’s monetary efficiency within the final two quarters of 2021.

Leads to USD million This fall 2021 Q3 2021
Complete revenues 17,719 13,757
– of which automotive income 15,967 12,057
– of which power technology and storage income 688 806
Web revenue to frequent stockholders 2,321 1,618

(USD 1 = EUR 0.896)


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