Tesla Motors Inc (NASDAQ:TSLA) is rapidly expanding its newly formed energy-storage unit, Tesla Energy, partnering with residential solar company Sunrun Inc (NASDAQ:SUN). The startup will be offering Tesla Powerwall systems along with its home solar-energy package.Getsolar.com reported that Sunrun’s “Brightbox” which would combine its solar panels and smart inverters, along with Tesla’s home battery technology to provide a complete solar-energy storage system for Hawaiins. The package will be gradually rolled out in other US states later in 2016.
At a keynote made last night in Los Angeles, CA, Tesla Motors CEO Elon Musk announced its plans for a suite of batteries for homes and businesses. Designed to store solar energy and act as a back-up electrical source, the Tesla Energy line is aimed at gradually removing our dependence on power grids and increasing our use of solar energy.