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Tesla breaks ground on energy storage plant in China

Posted by | Michael Ratcliffe

Tesla Energy is keeping to its word and has broken ground for its second Megafactory in eastern Shanghai, China, ramping up Tesla’s impact on renewable energy markets. This facility is specifically designed for manufacturing grid-level Megapacks, boasting an initial capacity of 10,000 units a year or 40 GW-hours of energy storage.

Tesla’s impact on renewable energy markets With the increase in Tesla’s Megapack deliveries, it is anticipated that the new factory will be operational in Q1 2025, effectively meeting the growing demand for Tesla’s massive storage systems.

This expansion will increase the company’s total Megapack manufacturing capacity to 90 GWh, with its Lathrop, CA facility ramping up to 40 GWh and its Spark, NV facility to 10 GWh. Such growth is remarkable, particularly in light of Tesla’s reported Megapack deliveries of around 15 GWh in 2023.

With global energy markets increasingly recognizing the economic benefits of grid-level storage, the demand for these massive storage systems, especially in the Tesla energy storage market, is definitely there.

 

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