16.02.2015: US electric vehicle (EV) manufacturer Tesla Motors confirmed its plans to enter the residential battery storage business during an earnings call discussing its fourth quarter 2014 results. Speaking to investors, Tesla Chief Technology Officer JB Straubel said the EV manufacturer plans to introduce battery storage systems for the residential and small commercial market within the next few months and that production of these systems would begin in about 6 months. In February 2014, Tesla Motors announced that it planned to build a gigawatt-scale factory for the production of lithium-ion batteries. The manufacturer’s so-called gigafactory would allow the company to achieve a major reduction in the cost of the battery packs used in its EVs and would accelerate the pace of battery innovation, said Tesla Chairman and CEO Elon Musk. Elon went on to say that the company would integrate precursor material, cell, module and pack production into one facility and that the facility would also allow the company to address the solar power industry’s need for a massive volume of stationary battery packs. Musk is also the chairman of US solar installer SolarCity Corp., which could integrate the battery storage technology into its PV systems. In December 2013, SolarCity introduced a new energy storage system based on a battery technology provided by Tesla. The system includes learning software that is able to automatically discharge the stored energy. According to the company, the storage system is designed for businesses that want to avoid the high-demand charges imposed by utilities basing their electricity prices on peak demand and not on the amount of the electricity consumed. © PHOTON http://www.teslamotors.com http://ir.teslamotors.com/events.cfm |
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