Shanghai Grid-Scale Battery Storage Project
Sector: Energy Storage • Location: Shanghai, China
Source: Tokenist
Tesla has signed a $557 million deal with Shanghai authorities and China Kangfu International Leasing Co to build the first grid-scale battery storage station in China. The project involves a 4 billion yuan investment and will use Tesla's Megapack batteries for large-scale energy infrastructure. The Shanghai Megafactory began trial production in December 2024 and started mass production in Februar
- Status
- Closed
- Sector
- Energy Storage, Government
- Location
- Shanghai, China
- Updated
- 22 Jul 2026
- Source
- Tokenist
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Project Information
Participants
Sponsoring Agency |
Status
Original status | awarded |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Tesla has signed a $557 million deal with Shanghai authorities and China Kangfu International Leasing Co to build the first grid-scale battery storage station in China. The project involves a 4 billion yuan investment and will use Tesla's Megapack batteries for large-scale energy infrastructure. The Shanghai Megafactory began trial production in December 2024 and started mass production in February 2025, targeting an annual output of 10,000 Megapack units equivalent to 40 GWh of capacity. |
Original sector | Energy |
Budget |
Location
Country | China |
City | Shanghai |
Source
Source | Tokenist |
URL |
More Details
Record type | Project |
Sector | Energy Storage, Government |
Article published date | 2025-06-22 |
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