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"Desperate Gamble Sparks Chaos": New $557M Deal Sets Stage for US-China Energy Battle

IN A NUTSHELL 🔋 Tesla and China have teamed up in a $557 million deal to create the world’s largest energy storage project. 📍 Located in Shanghai, the facility will use lithium-ion batteries to provide industrial-scale backup power. ⚡ The project acts as a “smart regulator,” adjusting grid resources in real-time to meet power demands. [...]
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energy-reporters.com broke the news in on Wednesday, August 27, 2025.
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