US-based electric car and battery manufacturer Tesla is keen on setting up a battery storage factory in India and has submitted a proposal to the Indian government. The company, which makes Powerwall range of battery systems, is looking to tap residential as well as industrial customers for its battery storage systems.
Reuters reported that Tesla recently proposed supporting India’s battery storage capabilities with its ‘Powerwall,’ a system that can store power from solar panels or the grid for use at night or during outages. The company is keen to tap residential and industrial customers for its battery storage systems.
Tesla has sought a number of incentives to set up the battery storage factory in India. The Indian officials have declined these incentives but offered to create a fair business model for the company by offering subsidies to customers for Tesla products, according to Reuters.
Recently, Tesla showcased its new hybrid battery, the Powerwall 3, at RE+. The battery offers 11.5 kW of continuous power to homeowners and requires an installation time of between 30-40 minutes. It comes with an integrated inverter, which simplifies the installation, bringing both power conversion and energy storage together in one unit. As a hybrid system, it is suitable for new solar installations, but not for households with existing rooftop solar systems.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: email@example.com.