Tesla’s Elon Musk confirms Powerwall 2.0 is on the way

Published by

PV Magazine

Elon Musk has confirmed Tesla will bring out a new version of its Powerwall home energy storage battery system this summer. While “step changes” can be expected, he declined to elaborate on the new product.

At a private event for Tesla car owners held in Paris last Friday, Tesla CEO, Elon Musk announced the second version should reach the market around this July or August.

“The Tesla Powerwall and Powerpack – we have a lot of trials underway right now around the world … seen very good results,” he told the audience. “We’re expecting to come out with version two of the Powerwall probably around July, August this year, which will see further step changes hopefully.”

He did not elaborate on what the step changes may be, but there has been plenty of speculation. Some sources state, for instance, that the new Powerwall will be designed to use Gigafactory batteries.

In a Q3 shareholder letter, issued last November 3, Tesla said construction and production were ahead of schedule at the five million square foot factory, located in Nevada, with the first cells expected to be produced there at the end of this year, “several quarters” ahead of the initial plan. Overall, it is expected to reach annual production of 35 GWh by 2020.

Tesla has seen demand for its home battery solutions surge, with the result that following the announcement of the Powerwall last April 30, the company received reservations totaling around US$800 million, according to Bloomberg Business, or for 38,000 systems. As such, the system is said to be sold out until at least mid-2016.

Demand for Tesla’s storage products is said to be particularly strong in Australia, Germany and South Africa. Last month, Queensland saw the first Tesla Powerwall home battery switched on in Australia under Energex’s battery storage trial. Meanwhile, Germany-based SMA announced, also last month, the launch of the Sunny Boy Storage inverter for end users. It is said to be the first AC-coupled system for high voltage batteries, like the Tesla Powerwall.

Source: PV Magazine. Reproduced with permission.

Share
Published by

Recent Posts

Whyalla steelworks needs long-term viability. It won’t find it with gas

South Australia’s retreat from green hydrogen-based steelmaking looks like a major misreading of the global…

21 April 2026

“Wind will require further work:” Bowen says renewables target still achievable, but not inevitable

Bowen says 82 pct renewables target is still achievable, "but we need to work on…

21 April 2026

Solar, wind meet 99 pct of new global demand as batteries help deliver “round-the-clock resource”

Record amounts of new solar and wind generation capacity met nearly all global electricity demand…

21 April 2026

“1,000 tonnes of spinning metal:” Network inks deal to add four syncons to state grid

State-owned network inks deal for supply and installation of four synchronous condensers, to strengthen the…

21 April 2026

Green boring: First Nations retailer to power tunnelling machines with renewable electrons

Tunnel boring machines working on state's new rail loop will be powered completely by renewable…

21 April 2026

“Green gold:” Former Greens energy minister who delivered 100 pct renewables calls time on political career

Shane Rattenbury, the leader of the ACT Greens and the first Greens speaker of the…

21 April 2026