Tesla partners with Yamada Denki in Japan to sell home battery systems and expand virtual power plant business.

Tesla will sell its home battery systems in Japan via Yamada Denki, the largest electronics retailer in the country, as part of a partnership with Yamada Holdings. This initiative aims to bolster Tesla's virtual power plant (VPP) business, enhancing its presence in the global energy storage market. VPPs allow Tesla to earn revenue by storing cheaper electricity during off-peak times and reselling it during peak demand.

October 23, 2024
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