US electric car maker Tesla signed an agreement on Friday for its first grid-side energy storage project in the Chinese mainland, according to a statement the company sent to the Global Times on Friday.
"It will enhance grid flexibility and help integrate renewable energy in the Lingang New Area, supporting Shanghai''s seasonal power demands and regional energy security," Dong said. Construction of Tesla''s energy storage Megafactory started in May 2024.
Pushing Manufacturing Limits With plans to produce up to 10,000 Megapacks annually, the Shanghai Megafactory is setting a high bar in energy storage manufacturing. This equates to nearly 40 GWh of energy storage capacity, reinforcing Tesla’s commitment to sustainability and clean energy solutions.
The mass production of these units is expected to start next year with an initial output of 10,000 units annually, equal to around 40 GWh of energy storage. The future of renewable energy relies on large-scale energy storage. The Shanghai Megafactory, Tesla’s first energy storage facility outside the US, covers approximately 200,000 square meters.
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