Energy storage next up for Tesla

Tesla Motors is expected to announce next week that it will expand into a new business offering battery-based energy storage for residential and commercial customers.

Documents filed with the California Public Utilities Commission show that Tesla already has begun pilot projects that leverage technology it has developed for electric car batteries for stationary energy storage.

The Palo Alto, Calif., automaker collected $65 million in state incentives for its projects last year under the advanced storage technology portion of the commission’s Self-Generation Incentive Program, according to spokeswoman Terrie Prosper.

Read full article at The Milwaukee Wisconsin Journal Sentinel