LichtBlick Integrates Tesla Battery Storage Into Energy Markets

The energy and IT company LichtBlick and electric vehicle and battery manufacturer Tesla have entered into a global energy collaboration to intelligently integrate Tesla's new Powerwall Home Batteries into the energy market. Tesla CEO Elon Musk unveiled the innovative storage device in the early hours of Friday (CET) in Los Angeles. The Tesla Powerwall is particularly attractive for households, businesses and SMEs that want to optimize the use of their own solar power.

LichtBlick and Tesla will initially start their collaboration in Germany and the companies plan to expand their relationship to the EU, the USA, Australia and New Zealand. LichtBlick believes that the number of households and companies which generate and store electricity is set to increase sharply over the coming years.

"The new Tesla Powerwall represents a milestone, since powerful, affordable batteries are a key technology in the distributed energy revolution", said LichtBlick founder and CEO Heiko von Tschischwitz. "LichtBlick connects decentralized batteries to a powerful storage system. The optimized use of millions of installed batteries, outside of buildings as well, plays a key part in ensuring that decentralized energy shapes our energy supply system."

Using its unique SchwarmDirigent IT platform, the company links decentralized producers and storage systems and connects them to the energy markets. LichtBlick already operates a digital power plant in Germany with over a thousand decentralized units. Once linked to the cluster, Tesla Powerwall will be able to draw excess wind and solar power from the electricity network and then, during calm or cloudy periods, use this electricity in buildings or feed it back into the network. Consumers who integrate their batteries into the cluster will benefit from energy market revenues through LichtBlick.

About LichtBlick
LichtBlick is an energy and IT company. In Germany, over one million people - the "LichtBlickers" - already set store by the pure energy of the pioneer and market leader for green electricity and gas. With SchwarmDirigent, the innovative company has developed the IT platform of the energy reform for the smart networking of decentralized power plants, storage systems and loads. LichtBlick employs more than 400 people and generated a turnover of over EUR 700 million in 2014.
Further Information: http://www.lichtblick.de/en/schwarmenergie/

About Tesla
Tesla Motors' (NASDAQ: TSLA) goal is to accelerate the world's transition to sustainable transport with a full range of increasingly affordable electric cars. California-based Tesla designs and manufactures electric vehicles as well as renewable energy storage. Tesla has delivered nearly 70,000 electric vehicles to customers worldwide.