Greentech Media
GTM Research uncovered some fascinating tidbits in an otherwise mundane 14A proxy statement from Tesla — including just how much energy storage Tesla expects to sell to SolarCity this year.
In a new research note, published today, GTM Research estimates that Tesla will sell 168.5 megawatt-hours of energy storage systems to SolarCity this year. That’s more than six times what Tesla sold to SolarCity in 2015, according to the same note.
Excluding the 52 megawatt-hour solar-plus-storage project in KIUC territory in Hawaii, Tesla’s expected 116.5 megawatt-hours will be 60 percent larger than the entire 2015 U.S. behind-the-meter market.
GTM Research notes that these are estimates based on projected revenue. However, Senior Energy Storage Analyst Ravi Manghani goes on to say that these numbers “indicate a behind-the-meter energy storage market poised for major growth in the U.S.” The full data and analysis can be downloaded here.
Source: Greentech Media. Reproduced with permission.
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