Tesla is navigating provide chain challenges to deploy 348MW of photo voltaic by 2022, the corporate’s highest set up determine since 2017, when it added 523MW.
Nonetheless, with deployment affected by import delays early final 12 months, PV additions fall wanting the 345MW of photo voltaic the corporate added in 2021.
On a quarterly foundation, Tesla deployed 100MW of photo voltaic in This fall 2022, an 18% leap over the identical interval in 2021. No particulars got concerning the firm’s photo voltaic roof.
| 12 months | 2018 | 2019 | 2020 | 2021 | 2022 |
| Photo voltaic deployed (MW) | 326 | 173 | 205 | 345 | 348 |
“Our photo voltaic set up group continues to enhance set up effectivity, which allows increased volumes and stronger economics,” the corporate stated in a report accompanying the monetary outcomes.
Throughout This fall 2022, Tesla’s power technology and storage unit posted revenues of US$1.31 billion, a 90% improve over the identical quarter in 2021.
“The power enterprise had its strongest 12 months by all metrics, led by regular progress in retail and business storage,” stated Zach Kirkhorn, Tesla CFO, in a convention name with buyers.
Tesla’s power storage deployment is rising 64% yearly, reaching 6.5GWh in 2022, as reported by sister web site Vitality-Storage.information. The corporate says demand for its storage merchandise exceeds its skill to provide.
With US households in search of extra power independence and financial savings as electrical energy costs rise, the county deployed a document 1.57GW of residential photo voltaic throughout Q3 2022, in line with of commerce physique Photo voltaic Vitality Industries Affiliation and analysis agency Wooden Mackenzie.
That determine was achieved regardless of commerce obstacles and provide chain constraints that led whole US photo voltaic deployments within the third quarter to fall 17% year-over-year.
Transcript of the convention name from the Motley Idiot.
