Tesla's Powerwall wins INDEX Award

Tesla’s Powerwall has won the 2015 INDEX Award in the home category, earning the company €100,000 to invest in further development.

The Powerwall features a large lithium-ion battery capable of storing energy from solar panels or the national grid. The ability to save power to be used at a later point is designed to resolve the limitations of solar panels, which depend on fair weather.

The Powerwall can also charge during low rate periods and discharge during peak hours, ensuring lower tariff energy is always utilised.

It is currently available in a 7kWh and 10 kWh version and is intended to create increased independence from the power grid, as well as a back up solution in case of a power outage.

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