Tesla Inc will start installing its Powerwall home power storage batteries in Ja...
FILE PHOTO: The Tesla Energy Powerwall Home Battery is unveiled by Tesla Motors CEO Elon Musk during an event in Hawthorne, California April 30, 2015. REUTERS/Patrick T. Fallon/File Photo
The 13.5 kilowatt-hour Powerwall can store power generated by solar panels and costs 990,000 yen , including the Backup Gateway system which manages the grid connection, but excluding installation costs and retail tax.The company has been taking orders online from Japanese customers since 2016, but had not announced when installations would start, a company spokeswoman said.
He cited feed-in-tariffs, which had guaranteed minimum power prices to spur solar development, are starting to expire later this year.
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