Walmart Has Tesla Batteries Installed At 11 Locations In California — Tesla’s Commercial Ambitions Exposed?
With Tesla’s official unveiling of its new battery storage systems getting closer, the tension seems to be building some and speculation has been rampant, but some interesting details have certainly already come to light — amongst which is that Tesla is clearly aiming to sell its new battery systems to a wide range of large commercial markets/sectors, as evidenced by the fact that Walmart has already installed Tesla’s batteries at 11 of its California locations, as part of a pilot program with SolarCity.
A broader demonstration of this ambition is clear when a close look at California’s Self Generation Incentive Program (SGIP) is taken. The company is actually already set to receive as much as $65 million via the alternative energy investment incentive program. (Tesla accounts for around 70% of SGIP storage projects connected to California’s grid, and half of all current applications, according to Bloomberg New Energy Finance.)