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Tesla partners with Austin Energy on 3 MW project to try to reduce the cost of solar with storage to $0.14/kWh

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The U.S. Department of Energy announced this week a $4 million award to Austin Energy, a publicly owned electric utility, and its partners, which include Tesla Energy, for the ‘Sustainable and Holistic Integration of Energy Storage and Solar PV’ (SHINES) project under the Energy Department’s Grid Modernization Initiative.

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