A total of 26 battery energy storage projects in Japan have been selected for contracts through the Long-Term Decarbonisation Power Source Auction (LTDA) for 2024.
The commercial and industrial (C&I) energy storage market is experiencing rapid growth as industries worldwide focus on decarbonisation and energy efficiency.
Tesla’s energy storage business continued to grow in Q1 2025 even as profits and vehicle sales fell, but faces greater exposure to trade tariff risks than its automotive segment.