✉news EnvironmentEnergy first seen 1 d ago, last 1 d ago, peak #29
Tesla to Buy 90% of Output From Arizona Solar-Storage Project
Original: Tesla to Buy About 90% of Output From Arizona Solar-Plus-Storage Project Now Under Construction
Tesla has agreed to purchase roughly 90% of the power generated by a solar-plus-storage project currently under construction in Arizona. The deal gives the electric vehicle and energy company a major committed supply of clean electricity with battery storage, and it signals continued expansion of Tesla's energy business alongside its automotive operations. Observers see it as another step in large-scale corporate procurement of renewable power in the US Southwest.
Why now: The announcement highlights Tesla's growing energy-storage business and the surge in large corporate renewable-energy deals.
Evidence
- Tesla to Buy About 90% of Output From Arizona Solar-Plus-Storage Project Now Under Construction · XenoSpectrum
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