Kangfu subsidiary Kang'ao Energy Technology will build a gigawatt-hour-scale standalone energy storage power station that connects to the grid in the Lingang New Area of the Shanghai Free Trade Zone using Megapack batteries produced by Tesla's Shanghai factory, the Lingang New Area Administrative Committee said on June 20, citing the cooperation agreement penned that day.
All of its energy storage units will use Tesla's Megapack electrochemical energy storage system produced at the Shanghai Megafactory. The electricity generated by the photovoltaic system will be directly supplied to the Megafactory, with excess power automatically stored in the Megapack for future use.
The project will feature a 6-MW photovoltaic power generation system and an 8-MWh energy storage system. Tesla (NASDAQ: TSLA) Shanghai Megafactory will be equipped with an energy storage system that will store green power like a "giant power bank" and supply power when needed.
What is the Tesla megafactory?
The Megafactory is the first of its kind that Tesla has built outside the United States. At its launch ceremony in May, Tesla signed a deal with Shanghai Lingang Economic Development (Group) Co Ltd, securing the first batch of orders for its Megapacks in China.
Who is building Shanghai megafactory?
The distributed photovoltaic power generation and energy storage system project for the Megafactory has been confirmed to be constructed by a subsidiary of Shanghai Lingang Economic Development Group, with plans to be completed by the end of this year, according to a report by local media outlet Shanghai Observer yesterday.
The facility was built with an initial annual production capacity of 10,000 units, equal to around 40 gigawatt-hours of energy storage, according to the company.