Neoen, the owner of the giant Tesla battery system in South Australia, released a new report for the first full year of operation and revealed that the energy storage system saved about $40 million over the last 12 months. expand full story

Riding on the success of its first giant battery project in South Australia, Tesla is getting a lot of demand for more energy storage projects in the country. The company has now deployed another big 50 MWh Powerpack project in Australia. expand full story

Fossil fuel companies are seeing the writing on the wall and investing their profits from burning oil into renewable energy. British oil giant BP’s wind energy is a good example of that and it is now combining a wind farm with its first Tesla Powerpack project. expand full story

The Tesla Powerwall can be a useful energy storage solution for homeowners with rooftop solar arrays. They can store excess power generated by their solar system, or use it when they need it or send it into the grid when it makes the most sense.

Right now, it’s Tesla’s main energy storage solution at the residential level, but two energy companies have decided to use Tesla’s bigger solution generally reserved for commercial and utility applications, the Powerpack, to create a new ‘shared Powerbank’ as a community alternative to individual Powerwalls. expand full story

Tesla delivered a new Powerpack system to Nova Innovation’s tidal power station in Scotland – creating “the world’s first grid-connected ‘baseload’ tidal power station.” expand full story

Tesla’s energy division is deploying a new Powerpack project in Weld County, Colorado, where it could save ratepayers and the local utility as much as $1 million per year. expand full story

We have already seen several pieces of evidence that Tesla’s massive Powerpack battery project in Australia is quite financially successful, but now we get all the numbers as Neoen, Tesla’s partner in the project, files for IPO.

The giant battery cost ~$66 million and it reportedly already made up to $17 million during the first ~6 months of operation. expand full story

Tesla’s energy division has deployed a new Powerpack project in Florida, apparently the first of its size in the state, to protect the University of South Florida against blackouts. expand full story

Internet retail giant Amazon is looking to add energy storage to one of its facilities in the UK and it is proposing to work with Tesla to deploy Powerpacks at the location. expand full story

Tesla’s energy division is on a roll when it comes to large battery projects, especially in Australia since the success of its giant battery system in in the country.

Now we learn that Tesla won another contract for a massive battery system project to deploy Powerpacks at another wind farm in Australia. expand full story