It will be Tesla''s first grid-side energy storage station to be built on the Chinese mainland. Dong Kun, general manager of Tesla China''s energy business, said the station, once launched, will participate in electricity spot trading, helping balance peak and off-peak power demand in the local grids and enhance grid stability.
This facility is expected to greatly enhance Tesla''s ability to meet the burgeoning demand for large-scale energy storage solutions, particularly in Asia, where energy needs are rapidly escalating.
The gigawatt-hour-scale energy storage station is to be located in the Lin-gang Special Area of China (Shanghai) Pilot Free Trade Zone, as per the deal signed by Tesla, the administrative committee of the Lin-gang Special Area, the people''s government of Shanghai''s Fengxian District, and China Kangfu International Leasing Co., Ltd.
Their growing use helps stabilize power grids, prevent outages, and reduce reliance on fossil fuels. This project is Tesla’s first large-scale energy storage installation in China, complementing its existing automotive manufacturing presence in the city through Giga Shanghai.
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It will be Tesla''s first grid-side energy storage station to be built on the Chinese mainland. Dong Kun, general manager of Tesla China''s energy business, said the station, …
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