Tesla Gives Intersect Energy With 15.3 GWh of Megapacks for Photo voltaic + Storage Tasks

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Tesla and Intersect Energy yesterday introduced a contract for 15.3 GWh of Megapacks, Tesla’s battery vitality storage system, for Intersect Energy’s photo voltaic + storage mission portfolio by 2030. This settlement, when mixed with earlier commitments, make Intersect Energy one of many largest patrons and operators of Megapacks globally with almost 10 GWh of large-scale vitality storage anticipated to be deployed by the tip of 2027.

Tesla has beforehand equipped Megapacks for Intersect Energy’s Base Portfolio of photo voltaic + storage amenities totaling 2.4 GWh in operation or beneath building. Intersect Energy plans to make the most of over half of this new order of Megapacks for 4 initiatives in California and Texas anticipated to attain operations by the tip of 2027, together with what might be among the largest battery installations within the nation. The steadiness might be utilized in Intersect Energy’s subsequent portfolio of photo voltaic + storage amenities, coming on-line in 2028-30.

“Intersect continues to be an distinctive associate, and their improvement experience mixed with the plug-and-play nature of Tesla’s vertically built-in know-how allows the velocity and scale wanted to reinforce grid resilience and assist higher renewables integration,” stated Mike Snyder, Senior Director of Tesla Power.

“Nobody out there can match Tesla’s depth of expertise in storage know-how,” stated Sheldon Kimber, CEO of Intersect Energy. “This partnership is the muse of one of many largest and quickest rising storage portfolios within the nation right here at Intersect Energy. This storage franchise is the right complement to our multi-billion greenback enlargement of renewable technology that’s anticipated to greater than triple the dimensions of our firm over the subsequent three years.”

Intersect Energy develops, owns, and operates among the nation’s largest and most flexibly dispatched Battery Power Storage Methods (BESS) on the firm’s photo voltaic + storage amenities in Texas and California. The Megapacks to be put in on the Intersect Energy initiatives are scheduled to be delivered in 2025 and 2026 and might be produced in Tesla’s Megafactory in Lathrop, California.

Intersect Energy has 2.4 GWh of Tesla Megapacks in operation or beneath building. This contains 1 GWh in operation on the Oberon photo voltaic + storage facility and 448 MWh in operation on the Athos III photo voltaic + storage facility in California. Intersect Energy is at the moment putting in the extra 1 GWh of Tesla Megapacks at its Radian and Lumina photo voltaic + storage amenities in Texas, which might be absolutely operational inside the 12 months.

Supply: Intersect Energy