Tesla’s energy storage business enjoyed its highest quarter of deployments to date as growth of its electric vehicle (EV) business slowed and earnings fell below analysts’ expectations.

Developer NGEN Smart Grid Systems has completed a 10.3MW/20.6MWh standalone battery storage project in Austria, the largest in the country, it claimed.

Tesla has recorded its highest storage deployments to date in the first quarter of 2023, enabled by ramp up of its factory in California.

Tesla will start producing Megapacks, its utility-scale energy storage product, from a new plant in Shanghai from Q2 2024.

Energy storage deployments by electric carmaker and tech company Tesla grew 64% year-on-year, reaching 6.5GWh in 2022.

A 50MW/100MWh battery energy storage system, the largest in continental Europe, has been inaugurated in Belgium by developer Corsica Sole.

Tesla continues to sell battery storage systems faster than it can make them, reporting record-high quarterly deployments in Q3 2022.

A fire at PG&E’s Tesla-supplied Elkhorn Battery energy storage system at Moss Landing is considered fully controlled and road closures and shelter-in-place advisories have been lifted.

Three Tesla Megapacks have arrived for installation at a power plant in Hungary, the first energy storage project in the country to use the EV giant’s grid-scale product.