The benefits of advances in cell technology, which improve the performance and lifetime of battery storage systems, can be directly passed onto customers.
CATL, the world’s largest lithium-ion OEM, has given more details around its new battery energy storage system (BESS) product, Tener, including how it claims to have achieved no degradation in the first five years of operation.
Tesla CEO Elon Musk has said that the company is already achieving “good margins” on the residential Powerwall product, but that “some additional work is needed” for its utility-scale Megapack to do so.