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Did Tesla export its first batch of energy-storage batteries to Australia?

SHANGHAI, March 21 (Xinhua) -- Tesla's new Megafactory in east China's Shanghai on Friday exported its first batch of Megapack energy-storage batteries, the company announced. It took the new Megafactory just over a month after its production launch to achieve its first export, with the batteries being transported from Shanghai Port to Australia.

Why did Tesla export a battery?

This export highlights Tesla's further expansion in the global energy storage market, and also underlines the extension of its battery technology from electric vehicles to energy storage, according to the company. "Megafactory gives us the ability to scale production and efficiency," said Mike Snyder, vice president of Tesla.

How much energy does Tesla store in Shanghai?

The Shanghai facility was built with an initial annual production capacity of 10,000 units. Notably, each Megapack unit can store over 3.9 megawatt-hours of energy -- sufficient to power approximately 3,600 households for one hour. Tesla anticipates a year-on-year increase of at least 50 percent in its energy storage deployments in 2025.

How does a solar energy storage system work?

An energy-storage system charges when wind power or solar power generates a large volume of electricity or when the power consumption is low, and discharges when power generation is low or consumption is high. It can smooth the unstable output of solar or wind power to increase the proportion of renewable energy in the grid.