Tesla Batteries To Help Power Homes With Renewable Energy

Tesla Motors has announced that it is launching a range of tesla batteries that power homes and businesses in an effort to use its car R&D learning’s to broaden its business.

Elon Musk who is the Chief Executive, said the company would produce batteries that store energy produced from renewable sources like solar and wind.

The batteries would act as a backup during blackouts in more developed environments and allow consumers to get off grid power or take energy to areas of the world where there is no infrastructure.  Tesla will start selling these batteries by the summer of 2015 to US customers.

Elon Musk felt the move has the potential to change the energy infrastructure of the world, as there will be demand from customers in both the developed and developing world. The appetite to live off the grid has never been greater as energy prices are destined to continue to rise into the future.

The battery is a rechargeable lithium-ion variety built using the same method as their highly regarded cars. The product has been named the Powerwall, which will sell at $3,000 (£1,954) for a 7KWh unit and $3,500 (£2,275) for a 10KWh.

The utility switching company USwitch suggests that 1KWh can last two days and ran a laptop, one complete washing machine cycle and boil a kettle ten times.

Tesla is partnering with SolarCity to deliver the first shipments but it is likely more partnerships will be unveiled. These kinds of initiatives will prove popular with governments across the world who have committed to lowering their carbon emissions, and result in continued more rapid innovation.