The project, which marks Tesla's first large-scale energy storage plant in mainland China, is poised to play a key role in stabilizing the country's electrical grid. The Phase I project will have a storage capacity of 300 megawatt-hours. . The project is expected to become the largest grid-side energy storage project in China. File Photo by John Angelillo/UPI | License Photo June 20 (UPI) -- Tesla Friday signed a $556. 8 million agreement to. . The Lin-gang Special Area Administration, Fengxian District People's Government, China KangFu International Leasing Co Ltd, and Tesla (Shanghai) Co Ltd held a signing ceremony for a new grid-forming zero-carbon energy international cooperation demonstration center on June 20.
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