Tesla’s Q3 2022 photo voltaic PV deployment elevated 13% year-on-year to 94MW as its battery storage system additions reached a quarterly excessive.
Regardless of the year-on-year improve, Q3 photo voltaic installs have been down 11% on Q2 2022, which was Tesla’s largest quarter for photo voltaic in over 4 years, as reported by PV Tech on the time.
In its quarterly replace, the corporate stated its photo voltaic set up staff continues to enhance set up effectivity, enabling larger volumes and stronger economics.
Tesla’s residential Powerwall and large-scale Megapack battery vitality storage system (BESS) deployments for the third quarter have been 2,100MWh, a 62% year-on-year improve from Q3 2021’s 1,295MWh.
That additionally represented an 85% upward thrust from the earlier quarter’s 1,133MWh and greater than double the 2 previous three-month reported durations earlier than that.
Vitality era and storage – together with photo voltaic PV – earned the corporate US$1.117 billion revenues, versus price of revenues of US$1.013 billion.
As CFO Zachary Kirkhorn identified in an earnings name to elucidate, the outcomes pushed it to its strongest gross revenue for the phase up to now of US$104 million. That bettered the final quarter, which was additionally a file on the time with US$97 million gross revenue for the phase.
For extra on this story, go to sister web site Energy-Storage.news.