Elon Musk officially reveals the launch of Tesla batteries that will reach investors by summer.
Tesla Motors Inc.’s chief executive officer, Elon Musk has finally revealed that the company is all set to manufacture batteries that will have the ability to store solar power. This will help users to have a backup in case there is a blackout.
These batteries will have the potential to make users go beyond power grids and in return bring power to all those areas that are not a part of the grid. Tesla is quite ahead with its plans since now they are all set to start the shipment of the batteries to installers by the end of this summer in the United States.
According to Musk, at a much-anticipated ceremony that took place in Los Angeles, this move by the company will help in restructuring the infrastructure of the world on the whole. He further added that, "Tesla Energy is a critical step in this mission to enable zero emission power generation.”
The lithium-ion batteries that will be rechargeable will apparently be using the same batteries the company manufactures for Tesla Motors electric cars. The technology is known as Powerwall where the company wishes to sell around 7kWh unit for a cost of $3,000 whereas the 10kWh unit will apparently cost $3,500 to the installers.
SolarCity which is Elon Musk other venture will collaborate with Tesla Motors allowing them to install these batteries domestically. However, more such companies will soon be added to the company’s portfolio.
The market for such batteries is known as “stationary storage” that has the ability to grow and evolve at a steady pace since the trends are now changing where dependence on fossil fuel is merely ending. Thus, the intervention of clean storage techniques such as wind or solar will actually make a massive impact on the global ecosystem. "Cheaper and more efficient energy storage mean individuals and businesses could save renewable energy until they need it, hugely reducing the need for climate-changing fossil fuels,” reported Alasdair Cameron.
The company’s move is fairly smart since TSLA already has experience in manufacturing high-end electric batteries thus using its prior experience it will not be difficult to deploy what they already know in the domestic sector.
Considering how internet has transformed how individuals consume information, likewise wind and solar energy will also change the way human consume and utilize energy where electric storage is part of the global intervention.
Hence, in a nutshell, Tesla Motors is making a massive change in the world of electrical storage that will completely change the fate of this industry.
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