October 31, 2019: Tesla is to start installing its residential battery system Powerwall in Japan next spring, Reuters news agency quoted the battery and electric car maker as saying on October 15.
It will mark the product’s debut in Asia. Each one will cost $9,135 plus installation and retail tax costs. The systems include a Backup Gateway system, which manages grid connection.
According to the news agency, the company has been taking orders in Japan for its Powerwall since 2016 but did not say when installations would begin.
Shinji Asakura, manager of energy products in Japan, said feed-in tariffs that had guaranteed minimum power prices to encourage solar development would start to expire later this year, and there was a growing need for back-up power in the event of a natural disaster.
Tesla has installed Powerwall systems at about 50,000 sites in seven countries since its launch in 2015, a company official said.