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Apple’s new California Flats solar farm
Courtesy of Apple
Apple will use Tesla’s Megapack in its new battery-based renewable energy storage facility, the smartphone maker confirmed to CNBC on Thursday.
Apple on Wednesday announced the construction of a solar battery-powered storage facility in California. The company said the facility would be able to store 240 megawatt hours of energy, enough to power more than 7,000 homes for a day. The setup will include 85 of Tesla’s Megapack battery energy storage systems, which were first announced in 2019. The energy will be used to power the company’s headquarters.
Tesla, best known for its electric vehicles, has grown its solar power business in recent years.
The company entered the solar business in 2016 when it acquired SolarCity for $ 2.6 billion. However, the solar segment still does not distribute its revenue on its own. “Energy production and storage” accounted for 6% of the company’s total revenue in 2020, according to its year-end financial record, although it was up 30% from 2019.
The Verge first reported on the connection between the two tech giants, highlighting files submitted by the Monterey County Oversight Board.
Tesla did not immediately respond to a request for comment.
– CNBC’s Lora Kolodny contributed to this report.
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