TSLA. CHARGING UP — Tesla strikes another mammoth energy

New Post Public Reply Private Reply Replies (0) Message Board
g&l
252
TSLA. CHARGING UP —
Tesla strikes another mammoth energy storage deal in California
Lithium-ion battery projects are becoming economically viable.

MEGAN GEUSS - 7/2/2018, 5:50 PM

Enlarge / A collection of Powerpacks deliver 20MW/80MWh next to the Mira Loma substation in Southern California.
Megan Geuss
57
Late last week, California utility Pacific Gas and Electric (PG&E) asked the state to approve four lithium-ion battery storage projects. Three of which would be owned and operated by a third party, and one, built by Tesla, would be owned and operated by PG&E itself.

One of the projects—spearheaded by energy company Vistra (which recently merged with Dynegy)—could become the world's first grid-scale, lithium-ion battery installations to store more than a gigawatt-hour of energy.

Tesla's project is also huge. It would deliver 730MWh of energy, but Tesla's contract with PG&E suggests the utility could opt to increase the size of the battery to 1.1GWh.

The Tesla installation is expected to discharge 182.5MW for 4 hours (hence, the 730MWh number). But the contract could be bumped up to a discharge duration of 6 hours, which would result in just under 1.1 GWh of storage owned by PG&E. For comparison, last year Tesla completed the largest lithium-ion battery installation in the world in South Australia. That battery system clocked in at 100MW/129MWh of storage.

Storage of this size allows the utility to add more renewable energy because if wind speeds drop or cloud cover hurts solar, a battery can kick in to meet the rest of that load.

The Tesla/PG&E battery would be located at the Moss Landing substation in California, near Monterey Bay (and home to the Monterey Bay Aquarium Research Center). PG&E said it expects the battery to be completed by 2019, pending the approval of the California Public Utilities Commission (CPUC).

Vistra/Dynegy also bid to build a 300MW battery installation that would be able to be discharged for four hours. At 1.2GWh, the battery would be among the largest in the world and would also be located at the Moss Landing site. A press release from the company projects that the installation would be completed by the end of 2020. The project would be supported by a 20-year contract with PG&E to buy energy from Vistra.

A spokeswoman for Vistra said the company had not yet selected a provider to source its batteries from. The project would use two existing interconnection points at Moss Landing to connect to the grid, as well as "an existing turbine building on the site to house the batteries."

The two other projects are smaller and include a 75MW / 300MWh battery installation from a company called Hummingbird Energy Storage LLC, as well as an aggregation project from Micronoc Inc, which will site 10MW / 40MWh of batteries at commercial locations.

These projects depend on the CPUC's approval to move forward, but the commission directed PG&E to accelerate its solicitation of battery storage in January, so the proposals aren't too surprising. A response from CPUC is expected in 90 days.

LATEST ARS VIDEO >
The Greatest Leap, Episode 3: Triumph

In honor of the 50th anniversary of the beginning of the Apollo Program, Ars Technica brings you an in depth look at the Apollo missions through the eyes of the participants.

MEGAN GEUSS
Megan is a staff editor at Ars Technica. She writes breaking news and has a background in fact-checking and research.
EMAIL megan.geuss@arstechnica.com // TWITTER @MeganGeuss
READER COMMENTS
57
SHARE THIS STORY
← PREVIOUS STORY
Related Stories
Tesla says world’s largest battery installation is halfway done
Two energy powerhouses join together to make big, grid-tied batteries
Kauai is moving from diesel generators to renewable energy with help from Tesla
Puerto Rico in talks with Tesla for batteries; Sonnen to help build microgrids
Sponsored Stories

Tesla Inc. (TSLA) Stock Research Links

TSLA Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Indico Breach May Expose Thousands to Identity Theft

Updated Category News Views 4

Data Breach Unsettles Indico's Operations Well, this is the kind of headache nobody wants on their spreadsheet—the unpleasant fallout from a significant data breach is rocking Indico Data Solutions. When you hear words like 'unauthorized party' and 'exposed sensitive personal information,' it ought to make investors sit up and pay attention. On May 7, 2026, Indico, the...

Continue Reading
Zepp Health's Q2 2026 Results: Growth Amid Struggles

Updated Category News Views 4

Revenue Growth, Yet the Road Is Rocky Buckle up, investors, because Zepp Health Corporation's (NYSE: ZEPP) latest financials are a bit of a mixed salad—there's some good and some bad tossed in. Reporting a revenue of $63.5 million for the second quarter of 2026, the company managed to eke out a 6.9% increase year-over-year. But before you pop the champagne, let's dig a...

Continue Reading
Acer's New Monitors: ePaper, Triple Displays & More

Updated Category News Views 8

Next-Gen Screens: Breakthrough or Bust? So, Acer’s stepping up its game, unveiling an armory of gadgets designed to cement their spot in the tech arena. On the menu today? ePaper displays and enhanced connectivity gizmos that could either tip the scales or sink like a stone. Keep your eyes peeled, though—these updates aren't just another throwaway press release....

Continue Reading
BOC Group's Challenger Role Eye-Opener in Gartner Quadrant

Updated Category News Views 6

Cracking the Challenger Code: BOC Group's Debut Ever heard of BOC Group? If you haven’t, it’s time to pay attention. This Dublin-based outfit just muscled its way into the Challenger Quadrant of the 2026 Gartner Magic Quadrant for Digital Twin of an Organization Platforms. Not bad for its first trip to the dance. When a company crashes the scene like this, eyebrows...

Continue Reading
Ivonescimab Shows Strong Survival in Key Lung Cancer Trial

Updated Category News Views 0

New Frontiers in Lung Cancer Treatment Well, here's a story that rattles the cage in the oncology world. The name of the game is ivonescimab, Akeso’s latest move as they toss their hat into the already crowded yet pivotal lung cancer treatment ring. This isn't just some side hustle—they've got Phase III data pointin' straight north, figuratively casting a shadow over...

Continue Reading
Volato Group Faces Merger Scrutiny Amid SOAR Deal

Updated Category News Views 2

Unraveling the Volato Merger Drama Boy, the plot thickens with Volato Group, Inc. (SOAR), and it ain’t the first time we’ve seen this kind of shuffle in the market. Now, Volato’s got itself tangled up with Alignment Engine Inc. through a proposed merger. Sounds routine at first; we all know mergers are part of the corporate game. But here's the twist—shareholders...

Continue Reading
Kareem's Lebanese Kitchen: A Culinary Tribute to Maryland

Updated Category News Views 4

Embracing Tradition with a Modern Twist Well, here's to new beginnings wrapped in old flavors, folks. September 1, 2026, marks the arrival of Kareem's Lebanese Kitchen at Rio Lakefront in Gaithersburg, Maryland. It's where the Mediterranean meets the Chesapeake in an unexpected culinary celebration. Chef Rachid Eido's Legacy Third-generation Lebanese Chef Rachid Eido is...

Continue Reading
RealityMine Appoints CPO Amidst Strong Growth Momentum

Updated Category News Views 0

Pushing the Boundaries of Behavioral Data When a company like RealityMine posts a whopping 75% year-over-year revenue bump, you know they're not here to mess around. Enter Soumya Bijjal, a seasoned pro stepping in as their inaugural Chief Product Officer. This isn't just about adding to the C-suite boys' club; it's about locking in on a goldmine of behavioral data that's...

Continue Reading
Kroger's Strategic Shift: Ibbotson's Bold New Charge

Updated Category News Views 0

Kroger Welcomes a Seasoned Retail Veteran Change often arrives with the dawn of new leadership. As Kroger takes a page from the playbook of large-scale retail transformation, they've enlisted Mark Ibbotson. Effective September 14, Ibbotson will step in as Executive Vice President and Chief Store Operations Officer. It's a roll of the dice that could either accelerate...

Continue Reading
Innventure Faces Class Action Over Alleged Deception

Updated Category News Views 3

Unpacking the Innventure Debacle Innventure, Inc. (NASDAQ:INV) seems to have landed itself in hot water, and not the relaxing kind. The revelation that its grand AI data center project in Ontario might never have existed has stirred up quite a storm among shareholders. This isn't just some run-of-the-mill oversight. We're talking about allegations of concocted stories...

Continue Reading

Top 5 Most Recently Viewed Articles

ABN AMRO Advances Share Buyback Program with Key Updates

Updated Category News Views 207

ABN AMRO's Share Buyback Program Progress Overview ABN AMRO has recently reported significant advancements regarding its EUR 250 million share buyback program that was announced earlier in the month. This initiative aims to bolster shareholders' value and demonstrate the bank's commitment to enhancing its financial position. Transaction Details and Financial Insights...

Continue Reading
Exploring Recent Options Activity in Robinhood Markets Stock

Updated Category News Views 80

What Recent Options Trades Say About Robinhood Markets Investors are leaning bearish on Robinhood Markets, and the options tape shows it. Recent flow highlights how larger traders are setting up, offering a clear read on sentiment without guessing at motives. Breaking Down the Recent Trades In our review of options activity for Robinhood Markets (NASDAQ: HOOD), we counted...

Continue Reading
Neuronetics Enhances Registration Rights for Shareholders

Updated Category News Views 108

Neuronetics Amends Registration Rights Agreement Neuronetics, Inc. (NASDAQ: STIM), a pioneering medical technology firm, has recently made significant changes to its Registration Rights Agreement with Madryn Asset Management LP. This amendment extends the period for Madryn to demand the registration of their acquired shares, increasing the Demand Registration Period from...

Continue Reading
Macy's Sales Performance and Strategic Outlook for the Holidays

Updated Category News Views 168

Insights into Macy's Recent Performance Macy’s Inc (NYSE: M) has recently revealed its sales dynamics, indicating that even during a period of stronger financial results, its stock took a slight dip. Despite a notable improvement in sales, profit, and comparable growth metrics, the market response has been tempered, reflecting complex customer behaviors ahead of the...

Continue Reading
Steward Partners Celebrates Seven Teams in Forbes Rankings

Updated Category News Views 97

Celebrating Steward Partners' Remarkable Forbes Recognition Top honors reflect exceptional service, teamwork, and commitment to excellence Steward Partners, a thriving independent financial services firm known for its employee-owned model, recently celebrated a significant achievement. The firm proudly announced that seven of its partners have been recognized in the...

Continue Reading