{"id":486161,"date":"2022-04-23T10:11:37","date_gmt":"2022-04-23T04:41:37","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=486161"},"modified":"2022-04-23T10:11:37","modified_gmt":"2022-04-23T04:41:37","slug":"tesla-power-usa-to-lease-battery-storage-system-worth-1-bn-in-india-over-the-next-few-years","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/tesla-power-usa-to-lease-battery-storage-system-worth-1-bn-in-india-over-the-next-few-years\/","title":{"rendered":"Tesla Power USA to lease battery storage system worth $1 bn in India over the next few years"},"content":{"rendered":"<p>Tesla Power USA said it will lease battery energy storage system (BESS) worth USD 1 billion under its new &#8216;power as a service&#8217; model in the next two to three years. The company said that it will contribute to the increasing energy demand in India by providing BESS on a leasing model to Indian companies, converting their capex investment into OPEX (operational expenditure).<br \/>\n&#8220;Tesla Power USA, the fastest growing brand of batteries in India, plans to deploy USD 1 billion (Rs 7,500 crore approximately) in India in the next two to three years offering its unique OPEX-based model &#8216;Power as a Service&#8217; (PaaS),&#8221; a company statement said.<br \/>\nTesla Power USA has completed its first year in India. &#8220;We are adding the PaaS model vertical to our business plan to help convert the CAPEX into OPEX. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesla Power USA said it will lease battery energy storage system (BESS) worth USD 1 billion under its new &#8216;power as a service&#8217; model in the next two to three years. The company said that it will contribute to the increasing energy demand in India by providing BESS on a leasing model to Indian companies, converting their capex investment into OPEX (operational expenditure). &#8220;Tesla Power USA, the fastest growing brand of batteries in India, plans to deploy USD 1 billion (Rs 7,500 crore approximately) in India in the next two to three years offering its unique OPEX-based model &#8216;Power as [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,246,137],"tags":[],"class_list":["post-486161","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/486161","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=486161"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/486161\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=486161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=486161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=486161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}