China has no problem parking Commercial tensions with the United States If it is for the benefit of the country. And the country needs Tesla for an increasingly pressing task: stabilize a network with more and more renewable participation.
The largest battery in the largest network. China has selected Tesla to develop what will be the largest energy storage station at network scale throughout the country, surpassing the 1 GWh battery park in Shandong. The American giant He signed an agreement with the local government of Shanghai for 4,000 million yuan, 557 million dollars, to lift a gigantic station that can actively participate in the spot electricity market.
China has the largest electricity grid and a renewable energy generation capacity in constant and massive growth. The Tesla battery station You can buy and store energy When demand and price are low, and then sell it to the network during consumption peaks, helping to balance supply and demand, and improving the general stability of the system.
The business is in the megapacks. The Energy Division of Tesla does not stop growing, to the point of become a fundamental pillar of the company. The project engine is megapacks, Large storage units in 3.9 MWh batteries which can be used to stabilize the electricity grid and avoid supply cuts.
It is no accident that the most ambitious battery station in China will be built in Shanghai. Just four months ago, Tesla launched a new Megapacks factory in the Lin-Gang area, where is also its car factory “Gigafactory Shanghai”. The new “Megafactory” is the first plant of this type out of the United States, and although it has barely been operational since February, it has already produced more than 100 megapacks.
Tesla gets into the patio of Catl and Byd. They are “only business”, but the movement is still striking considering that Tesla is competing with Catl and Bydthe two Chinese giants who take 54% of the world battery market.
Another way to see it is that China needs many batteries By the end of the year, the government expects to reach 40 GW of storage. But taking into account that the country installs half of the entire new capacity for renewables (329 GW in 2024), by the time the Tesla battery station in Shanghai enters service, the goal will have continued to rise. And Tesla will be just one of the puzzle pieces.
Image | Tesla
GIPHY App Key not set. Please check settings