of June 20, Shanghai Lingang New Area Management Committee, Shanghai Fengxian District People's Government, China Kangfu International Leasing Co., Ltd. and Tesla (Shanghai) Co., Ltd. held a signing ceremony around the project of the International Cooperation Demonstration Center for Zero Carbon Energy. Kangao Energy, a subsidiary of China Kangfu, is the main body of
the project, with a total investment of 4 billion yuan. Megapack, a Tesla energy storage product, is used to build a demonstration project of gigawatt hour grid-side independent energy storage power station .
Tesla energy storage system Megapack system has low maintenance cost, up to 20 years of warranty service, and can be upgraded remotely through OTA software.
Data show that the new installed capacity of Tesla's global energy storage system reached 10.4G Wh in the first quarter, up 156.6% year-on-year.