Tesla Powers Intersect Power for Solar + Storage Projects

0
388
Representational image. Credit: Canva

Tesla and Intersect Power inked a contract for 15.3 GWh of Teslaโ€™s Megapack battery energy storage systems for Intersect Powerโ€™s solar + storage project portfolio through 2030. This agreement, along with previous commitments, positions Intersect Power as one of the largest global buyers and operators of Megapacks, with nearly 10 GWh of large-scale energy storage expected to be deployed by the end of 2027. Tesla has previously supplied Megapacks for Intersect Powerโ€™s Base Portfolio of solar + storage facilities, totaling 2.4 GWh in operation or under construction. Over half of the new Megapacks order will be utilized for four projects in California and Texas.

โ€œIntersect continues to be an exceptional partner, and their development expertise combined with the plug-and-play nature of Teslaโ€™s vertically integrated technology enables the speed and scale needed to enhance grid resilience and support greater renewables integration,โ€ said Mike Snyder, Senior Director of Tesla Energy.

โ€œNo one in the market can match Teslaโ€™s depth of experience in storage technology,โ€ aded Sheldon Kimber, CEO of Intersect Power. โ€œThis partnership is the foundation of one of the largest and fastest growing storage portfolios in the country here at Intersect Power. This storage franchise is the perfect complement to our multi-billion dollar expansion of renewable generation that is expected to more than triple the size of our company over the next three years.โ€

Also Read  ADB Approves $1.5 Million Smart Energy Program for Azerbaijan and Thailand

Discover more from SolarQuarter

Subscribe to get the latest posts sent to your email.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.