Saticoy, a 100MW/400MWh battery storage system inaugurated last year, based on Tesla Megapack battery storage. Image: Arevon Asset Management.
Tesla is ambitious to grow its energy storage business in 2022, after it reported a 32% year-on-year increase in battery storage deployments, executives including CEO Elon Musk have said.
The company’s quarterly financial results came out earlier this week, collecting its yearly performance across its automotive and energy sector businesses.
Tesla produced and delivered just under a million cars in 2021, and as our sister site PV Tech reported yesterday, enjoyed its best yearly performance for solar installs since 2017.
In battery storage, Tesla deployed 978MWh during Q4 2021, a slight dip from Q3’s 1,295MWh and a bigger drop from Q4 2020, when it deployed 1,584MWh of Powerwalls and Megapacks across the residential,…