Tesla’s start-Powerwall-house battery systems in Japan

FILE PHOTO: a Tesla logo is seen on a ground-breaking ceremony of its Shanghai Gigafactory in Shanghai, China, January 7, 2019. (REUTERS photo/Aly Song, File/Photo

TOKYO (Reuters) – Tesla Inc. (TSLA.(O) it will start the installation of the Powerwall-home-power-storage batteries in Japan by next spring, the U.S. electric-car and battery maker, said on Tuesday, marking the product’s debut in Asia.

The 13.5 kilowatt-hours (kWh), Powerwall can use to store electricity generated by the solar panels and the costs of 990,000 yen ($9,135) and the Back-up Gateway system, and the management of the connection to the network, and does not include installation charges and sales tax.

It is going to be sold online by the Model, or from some third-party installers.

The company has already made an online order from a Japanese customer since 2016, but had not been announced when the installations will begin, a company spokeswoman said.

“Tesla is also of the opinion that the Japanese at home, the battery market has great potential for growth,” Shinji He is country manager of energy products in Japan, told reporters in Tokyo.

He took a feed-in-tariffs, which had been in the guaranteed minimum power prices to encourage solar development, and will begin to expire later this year.

The need for back-up power during outages due to natural disasters, it also offers the potential for growth, ” he said.

Tesla has installed the Powerwall systems at approximately 50,000 locations across seven countries since its launch in the year 2015, a company official said.

Reporting by Yuka Obayashi; editing by Jason Neely

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