Tesla: Upbeat on energy storage install figures, solar not so much

January 30, 2020
LinkedIn
Twitter
Reddit
Facebook
Email
Tesla’s full-year storage installs have surged between 2017 (429MWh), 2018 (1.04GWh) and 2019 (1.65GWh). Image credit: PV Tech

Tesla has anticipated a solid 2020 on the renewable deployment front after its figures for 2019 proved stellar for storage installs but far less so for PV additions.

Unveiled earlier this week, Tesla’s full-year results for 2019 indicate the firm reached 173MW solar installations throughout last year, a far cry from the volumes it had recorded in 2017 (522MW) and 2018 (326MW). Meanwhile Tesla has enjoyed strong momentum with its storage business over the past three years. Full-year installs have surged between 2017 (429MWh), 2018 (1.04GWh) and 2019 (1.65GWh).

Tesla’s year-on-year slump of solar installations took place despite a slight recovery towards the second half of 2019.

To read the full version of this story, visit PV Tech.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Read Next

February 4, 2026
Three Chinese energy storage companies have recently successively filed or updated their listing applications with the Hong Kong Stock Exchange (HKEX), planning IPOs on the Hong Kong Main Board.
Premium
February 4, 2026
LG Energy Solution will keep global battery cell production at around 300GWh in 2026, while increasing its proportion of supply for energy storage system (ESS) applications.
February 2, 2026
Tesla reported company-high energy storage deployments and revenue growth in 2025 but expects “low-cost competition” and policy factors to affect margins this year.
January 26, 2026
A subsidiary of Juniper Green Energy has fully brought into commercial operation what the company claimed is India’s first merchant BESS project.
January 26, 2026
Jon Begona Alvarez and Beñat Murua Ugartemendia from Kiwa PI Berlin on why quality assurance is the foundation of long-term success.