The demand for energy storage in western North America represented by California is strong, which is mainly due to the high penetration rate of local photovoltaic, the large price difference between peak and valley electricity prices, and the high demand for large energy storage projects and household small energy storage batteries.



Taking Tesla energy storage system as an example, the cumulative installed capacity of Tesla energy storage system from January to September of 20 years reached 1.45gwh, the sales volume of Tesla energy storage system Q3 in a single quarter reached 759mwh, and the quarterly installed capacity increased step by step. Recently, the price of its energy storage system has been raised (at present, it is about 1kwh667 US dollars, with a high premium).