June 19, 2020
Tesla’s big battery at the Hornsdale Power Reserve was granted an electricity generation license by the Essential Services Commission of South Australia. Following regulatory approval, Tesla’s big battery will begin tests on the plant’s expansion, which started late in 2019.
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May 15, 2020
Tesla's big battery, the Hornsdale Power Reserve, is by far the largest lithium-ion battery in the world. Its owner and operator said the installation recorded a five-fold increase in revenue in the first quarter, which provided a 65 percent increase in revenue in the first quarter for the group.
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May 04, 2020
Tesla Autobidder, the company’s latest product in its Energy department was recently revealed. Autobidder came to light after Tesla applied for a UK electricity provider license.
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April 30, 2020
Tesla, in its Shareholder's Letter for Q1 2020, reported that energy generation and storage revenue was $293 million. In addition, the company received 260 MWh storage deployed, which is 14% more compared to 1Q 2019.
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April 25, 2020
Tesla could expand its Virtual Power Plants, making a new source of revenue for Tesla Energy. Since the global pandemic caused people to stay inside their homes more, the air has become clearer around the world, which had lead some people to think about the transition to EV and green sources of energy.
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April 15, 2020
Tesla's Powerpack Battery farm extension project in South Australia has been completed. With network connection works now finalized, the upgraded Hornsdale Power Reserve is preparing to become a major asset to the National Electricity Market (NEM).
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March 11, 2020
The Hornsdale Power Reserve has saved the surrounding community millions of dollars while providing a steady stream of electricity to the grid when needed.
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February 29, 2020
International engineering, design and advisory company Aurecon released a new report that analyzes the performance of the world's largest Tesla lithium-ion battery energy storage system and its value to the national electricity market after its second year of operation. Read More
February 26, 2020
Tesla Megapack battery installation has been approved for Moss Landing.
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January 29, 2020
Elon Musk’s big battery in the Hornsdale Power Reserve will be challenged by AGL and Vena Energy’s 1000MW installment in Queensland.
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