Tesla surges with massive new power storage facility south of Houston

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Friday, January 14, 2022
Tesla reaches value of $1 trillion
Tesla is now one of the few companies in the world that are valued at $1 trillion.

HOUSTON, Texas -- Tesla Inc. has taken the wraps off a backup-power storage project in Angleton designed to ease the impact of incidents like February 2021's near-collapse of the Texas power grid.



The project's 81 Tesla Megapacks are aimed at providing backup power while reducing reliance on fossil fuels. Tesla says its Megapack batteries store clean energy that can be used anytime.



RELATED: Hertz is buying 100K Teslas for rental



The Bloomberg news service reported last March that the more than 100-megawatt Angleton project could power about 20,000 homes on a hot summer day. Austin-based Tesla unveiled the 2.5-acre project in a YouTube video posted January 6.



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