Tesla’s battery storage deployments increased 81% to reach 759 MWh in Q3, up from 477 MWh a year ago and from 419 MWh in April-June 2020.
The company installed 57 MW of solar capacity, up from 43 MW a year earlier and 27 MW in the second quarter. Tesla attributed its success with solar to it’s decreased installation cost and online order form.
Tesla says there is increased demand for its Powerwall from solar customers and also from regions with grid stability, like California. Tesla also said that demand for its utility-scale Megapack battery product exceeded supply.