Tesla And Intersect Power Announce 15.3 GWh Megapack Contract For Solar + Storage Projects Through 2030; Intersect Power To Become One Of Largest Megapack Operators With Nearly 10 GWh Deployed By End Of 2027
Portfolio Pulse from Benzinga Newsdesk
Tesla and Intersect Power have announced a 15.3 GWh Megapack contract for solar and storage projects through 2030. Intersect Power is set to become one of the largest Megapack operators with nearly 10 GWh deployed by the end of 2027.
July 18, 2024 | 12:42 pm
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POSITIVE IMPACT
Tesla has secured a 15.3 GWh Megapack contract with Intersect Power for solar and storage projects through 2030. This deal will significantly boost Tesla's energy storage business and revenue streams.
The contract with Intersect Power will enhance Tesla's position in the energy storage market, likely leading to increased revenues and market share. The scale of the project indicates strong future growth potential.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100