Apple’s new California flat-bottom solar farm
Provided by Apple
The smartphone maker confirmed to CNBC on Thursday that Apple will use Tesla’s Megapack in its new battery-based renewable energy storage facility.
Apple announced on Wednesday that it will build a battery-based solar storage facility in California. The company said the facility will be able to store 240 MWh of energy and can power more than 7,000 homes a day. The project will include Tesla̵
Tesla is known for its electric vehicles and has been expanding its solar business in the past few years.
The company acquired SolarCity for US$2.6 billion in 2016 to enter the solar business. However, the solar energy sector is still unable to earn income alone. According to its year-end financial documents, “energy production and storage” accounted for 6% of the company’s total revenue in 2020, despite an increase of 30% from 2019.
The Verge first reported on the connection between the two tech giants and pointed to the records submitted by the Monterey County Board of Supervisors.
Tesla did not immediately respond to a request for comment.
-Lora Kolodny of CNBC contributed to this report.
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