Power
storage for all with Tesla’s new Powerwall
By Jack Ward, CEO of Soltra Energy

His Tesla Powerwall battery system
represents a game-changer in this industry sector. It is a development stemming
from Tesla’s pioneering work in bringing affordable lithium-ion (Li-ion)
batteries to market for the company’s successful electric vehicles - the Tesla
Model X and Model S.
The Tesla Gigafactory - currently being
built in Nevada in the US - will mass- produce these batteries, bringing a-step
change in terms of reducing Li-ion battery costs to market.
How will this be achieved? Tesla will use its
considerable automotive experience to package Li-ion batteries into attractive,
space-saving wall-mounted units. The Powerwall’s design will allow batteries to
be mass produced and installed safely in homes and businesses - by the tens of
thousands.
Powerwall is a boon for the solar
photovoltaic (PV) industry because it brings to market an electrical storage
unit that’s three to four times cheaper than conventional lead acid-based
batteries.
Technically, lead-acid batteries have not
really improved since their introduction some 150 years ago. Now, thanks to Tesla, every solar PV
installation - grid-tied or not – should be configured around electrical
storage with a view to significantly improving the availability of supply and the
overall return on investment (ROI) of the solution.
Unlike lead-acid batteries that degrade
drastically if discharged by more that 30-40%, depth of discharge (DoD) is no
longer an issue with the Tesla Powerwall.
Li-ion holds great promise, as the battery
can be fully discharged in every cycle. What’s more, the Tesla Powerwall will
last as long as 20 years and comes standard with a 10-year guarantee.
Good news is that in South Africa there is
currently no import duty on Li-ion batteries (unlike automotive lead-acid
batteries) bringing solar PV systems ever closer to economic viability and
parity in terms of costs with increasingly expensive Eskom power.
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