Tesla is breaking into the renewable energy storage space

Tesla unveils the Powerwall, a battery system designed with renewable energy in mind Tesla Motors is no longer only in the transportation business. The company has unveiled what it calls the Powerwall, a battery system designed for homes instead of vehicles. The Tesla Powerwall is designed to store energy that homeowners generate with solar panels on their properties. Tesla is hoping to pave the way to a future of self-powered homes, which have little impact on existing energy grids and require less electrical power than those that receive energy though…

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Tesla Motors unveils solar power storage system

A collection of batteries for homes and businesses was unveiled by Elon Musk. Tesla Motors, the well-known manufacturer of luxury electric vehicles, has revealed that it is venturing into the solar power storage market and is working toward meeting the challenge of how to use solar energy when the sun is not shining via a suite of solar battery backup systems designed for utilities, businesses, and homeowners. The Tesla Powerwall consumer battery was derived from the batteries Tesla uses in is Model S EVs. A spokesperson from Tesla, Khobi Brooklyn,…

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