Tesla chooses Holaluz to install Powerwall home batteries in Spain

• This agreement will allow Holaluz customers to get Tesla Powerwall installed in their homes from today on. As announced on April 26th 2023, introducing flexibility in Holaluz’ home energy systems is part of the company’s strategy to enable clients to produce, consume and manage their own green energy to maximise their savings.
• Holaluz, with more than 12,000 solar installations under management and with the goal to achieve 37,000-39,000 by the end of 2024 and +63,000 by the end of 2025, expects battery market penetration in Spain to substantially accelerate in the coming years alongside the exponential growth expected for solar systems. Moreover, the company estimates that in the future more than 50% of its home energy systems will include a home battery.
• Tesla Powerwall is an integrated battery system that stores solar energy for residential, commercial and industrial use. With Powerwall, having one of the largest battery capacities (13.5kWh) and highest power (5kW continuous and 7kW peak) in the market, Holaluz clients will maximize savings while avoiding CO2 emissions to the atmosphere.

Barcelona, 9 May 2023. Holaluz, the leading energy transition company whose purpose is to create a 100% sustainable planet, announces today a key strategic relationship with Tesla for the commercialisation and installation of Powerwall home batteries in Spain.

Holaluz and Tesla initiated their relationship late 2018 and now together enter the home batteries business in Spain by offering customers the possibility to increase their monthly savings to 100% or more and help homes to further electrify their energy consumption so they can together achieve a full decarbonized economy. This agreement is part of the company business plan announced last April 26th 2023 to further expand the solar business by creating holistic home energy systems that combine solar installations with flexible assets such as batteries and EV chargers. This strategy is key to maximise the potential of the green superpluses thus allowing homeowners to produce, consume and manage green energy in a more flexible way while boosting a higher penetration of renewable electricity production to the system outside sun-hours. A way of democratising access to clean and proximity energy by leveraging the use of the proximity network.

Holaluz is leading the energy transition in Europe with an ESG DNA and impact business model that aims to fully decarbonise the economy and therefore create a positive impact in benefit for the planet and people. Partnering with Tesla will help the company to boost its roadmap of building the most impactful green energy community in Europe by unleashing the potential of electrifying energy by scaling distributed solar and storage. In short, an integral vision of energy management aimed at transforming the current energy model - inefficient, centralised and unsustainable - to a fully decarbonised distributed generation model.

The company, which announced in April its plan to achieve 37,000-39,000 installations under management by the end of 2024 and 63,000+ by the end of 2025, expects battery market penetration in Spain to substantially accelerate in the coming years alongside the exponential growth foreseen in solar home energy systems. In addition, Holaluz estimates that more than half of its solar installations would include a home battery in the short term.

Tesla Powerwall is an integrated battery system that stores solar energy for residential, commercial and industrial use. With Powerwall, having one of the largest battery capacities (13.5kWh) and highest power (5kW continuous and 7kW peak) in the market, , Holaluz clients will maxime savings while avoiding CO2 emissions to the atmosphere.