Tesla Launches Megapack, A Utility-Scale Energy Storage System

Tesla has announced that it has launch a new utility-scale energy storage product called Megapack, the company informed in a blogpost. It is the largest energy storage system presented by the company.

With this, Tesla can install an emissions-free 250 megawatt (MW), one gigawatt hours (GWh) power plant in less than three months, which would be four times faster than a traditional fossil fuel power plant of that size.

As per Techcrunch, Megapack is Tesla’s state-of-the-art effort to retool and grow its energy storage business, which is a smaller revenue driver than sales of its electric vehicles. “Of the $6.4 billion in total revenue posted in the second quarter, just $368 million was from Tesla’s solar and energy storage product business,” Techcrunch believed in its statement.

The report further added that Tesla has installed a record 415 MWh of energy storage products in Q2, an 81 per cent increase from the previous quarter.

“Megapack significantly reduces the complexity of large-scale battery storage and provides an easy installation and connection process. Each Megapack comes from the factory fully-assembled with up to 3 MWh of storage, 1.5 MW of inverter capacity… and 60 per cent increase in energy density to achieve significant cost and time savings compared to other battery systems and traditional fossil fuel power plants,” Tesla said in a blogpost.

According to the company, Megapack can also be DC-connected directly to solar, creating seamless renewable energy plants. A Megapack installation can use stored excess solar or wind energy to support the grid’s peak loads.

Tesla developed its own software in-house to monitor, control and monetise Megapack installations. All Megapacks connect to Powerhub, an advanced monitoring and control platform for large-scale utility projects and microgrids.