Tesla has landed yet another massive Megapack order — this time from Georgia Power. The utility company has submitted a plan to deploy over 3 GW (3,022 MW) of Tesla’s grid-scale battery storage systems across 10 BESS (Battery Energy Storage System) facilities on eight sites throughout Georgia. The proposed $2.7 billion USD deal is pending approval from the state’s Public Service Commission (PSC), but approval is considered highly likely.
The installations will use Tesla’s 4-hour duration Megapack units, which would be capable of powering more than 2 million homes for four hours — a substantial addition to Georgia’s energy infrastructure as the state preps for rising winter electricity demand between 2029 and 2031.
Here’s a breakdown of some of the largest planned sites:
Tesla’s Megapack systems have rapidly become the go-to solution for utility-scale energy storage worldwide. From California and Hawaii to Japan, Australia, China, and Europe, Megapacks are helping stabilize grids and enable greater renewable energy adoption. Tesla last week celebrated its 1,000th Megapack produced at the Shanghai Megafactory, following the 10,000th unit milestone at its Lathrop, California, plant last year.
In addition, Tesla recently signed a $4.3 billion USD deal with LG Energy Solution for U.S.-made LFP batteries — reportedly for use in energy storage products like Megapack. With demand for grid-scale storage only expected to rise, Tesla’s Megapack business is charging full steam ahead.
The demand for these facilities is only going to increase…exponentially! Last year 10% of net profits? This year 15%? Next year 20%? By then of course, overall profits from auto sales will start rebounding, income/profits from FSD and Robos will start to move needles AND then there will be Optimuses (Optimi?) poking their heads out into the market place. Anybody who can't see this is intentionally avoiding looking! Tesla has directed their focus away from vehicle manufacturing in order to concentrate on these other aspects of the business and once they are up and running, watch their Giga factories start to ramp up again. Presently they already have built in capacity for 2 1/2 to 3 millions vehicles/yr. By the time they spool that up, they will probably have built new capacity to continue that trend again….50% CAGRs! TSLA to Mars!