Energies
Tesla's energy storage arm caps 2022 with ‘highest level' of deployments ever
10 days ago | By Tech Crunch
The growth keeps coming for Tesla's energy storage business.
On Wednesday, the automaker said its home and utility-scale battery deployments hit 6.5 gigawatt hours during its fiscal 2022, calling it “by far the highest level of deployments we have achieved.” That's up from about 4 GWh in 2021.
For context, the average American home consumes 10,632 kilowatt hours - just over 0.01 GWh - per year, according to the U.S. Energy Department.
In the fourth quarter alone, Tesla said energy storage deployments reached 2.5 GWh - up from 2.1 GWh in Q3. Tesla's energy storage business includes its...
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