Intersect Power announces contract for 15.3 GWh of Tesla Megapacks

Tesla and Intersect Power announced a contract for 15.3 GWh of Megapacks, Tesla’s battery energy storage system, for Intersect Power’s solar + storage project portfolio through 2030. “This agreement, when combined with previous commitments, make Intersect Power one of the largest buyers and operators of Megapacks globally with nearly 10 GWh of large-scale energy storage expected to be deployed by the end of 2027. Tesla has previously supplied Megapacks for Intersect Power’s Base Portfolio of solar + storage facilities totaling 2.4 GWh in operation or under construction. Intersect Power plans to utilize over half of this new order of Megapacks for four projects in California and Texas expected to achieve operations by the end of 2027, including what will be some of the largest battery installations in the country. The balance will be utilized in Intersect Power’s subsequent portfolio of solar + storage facilities, coming online in 2028-30,” Intersect stated.