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Tesla and Intersect Energy yesterday introduced a contract for 15.3 GWh of Megapacks, Tesla’s battery vitality storage system, for Intersect Energy’s photo voltaic + storage challenge portfolio by 2030. This settlement, when mixed with earlier commitments, make Intersect Energy one of many largest patrons and operators of Megapacks globally with almost 10 GWh of large-scale vitality storage anticipated to be deployed by the tip of 2027.
Tesla has beforehand provided Megapacks for Intersect Energy’s Base Portfolio of photo voltaic + storage services totaling 2.4 GWh in operation or underneath development. Intersect Energy plans to make the most of over half of this new order of Megapacks for 4 tasks in California and Texas anticipated to realize operations by the tip of 2027, together with what will likely be among the largest battery installations within the nation. The steadiness will likely be utilized in Intersect Energy’s subsequent portfolio of photo voltaic + storage services, coming on-line in 2028-30.
“Intersect continues to be an exceptional partner, and their development expertise combined with the plug-and-play nature of Tesla’s vertically integrated technology enables the speed and scale needed to enhance grid resilience and support greater renewables integration,” stated Mike Snyder, Senior Director of Tesla Vitality.
“No one in the market can match Tesla’s depth of experience in storage technology,” stated Sheldon Kimber, CEO of Intersect Energy. “This partnership is the foundation of one of the largest and fastest growing storage portfolios in the country here at Intersect Power. This storage franchise is the perfect complement to our multi-billion dollar expansion of renewable generation that is expected to more than triple the size of our company over the next three years.”
Intersect Energy develops, owns, and operates among the nation’s largest and most flexibly dispatched Battery Vitality Storage Techniques (BESS) on the firm’s photo voltaic + storage services in Texas and California. The Megapacks to be put in on the Intersect Energy tasks are scheduled to be delivered in 2025 and 2026 and will likely be produced in Tesla’s Megafactory in Lathrop, California.
Intersect Energy has 2.4 GWh of Tesla Megapacks in operation or underneath development. This contains 1 GWh in operation on the Oberon photo voltaic + storage facility and 448 MWh in operation on the Athos III photo voltaic + storage facility in California. Intersect Energy is at present putting in the extra 1 GWh of Tesla Megapacks at its Radian and Lumina photo voltaic + storage services in Texas, which will likely be totally operational throughout the 12 months.
Supply: Intersect Energy
