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Tesla (TSLA) has secured a massive new Megapack order that will power France’s new largest energy storage system.
TagEnergy announced today that it started construction on a new energy storage project in Marne, which should become France’s largest battery project.
They confirmed that they will use Tesla Megapacks:
This landmark project marks the start of an ambitious expansion plan for 2025, with accelerated solar and storage development activities. TESLA, a key partner, will contribute its expertise in advanced storage solutions and market access services.
The reference to “market access services” is likely that the project is going to use Tesla’s Autobidder, a real-time trading and control platform that performs market bidding and dispatch control for value maximization.
On top of working with Tesla, TagEnergy is also partnering with Dutch bank ABN AMRO, German bank NORD/LB Norddeutsche Landesbank, and France’s CEPAC.
The project is going to have a 240MW/480MWh:
This 240MW/480MWh project will perform three essential functions within France’s energy landscape: optimizing the use of decarbonized electricity, providing critical capacity during peak demand periods, and enhancing grid stability with near-instantaneous response capabilities. The battery will have the capacity to store approximately 20% of the residential electricity needs of the Marne department, which is home to over half a million residents.
That would be about 123 Tesla Megapacks.
It would be far from Tesla’s biggest Megapack project, but certainly one of the biggest in Europe and, evidently, the biggest in France.
Tesla’s energy division has been on fire this year.
It wasn’t so long ago that Tesla deployed 480 MWh of capacity in a single quarter. Now, it’s a single project like this, and last quarter, the company deployed 6.9 GWh of energy storage capacity – up 75% year-over-year.
Tesla recently said that its Megafactory, which produces the Megapack, is reaching its 40 GWh a year planned capacity. Furthermore, the company is expected to bring online its second Megafactory, this time in Shanghai, next year.
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