However, with deployment impacted by import delays early last year, PV additions were only marginally up on the 345MW of solar the company added in 2021.

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On a quarterly basis, Tesla deployed 100MW of solar in Q4 2022, an 18% jump on the same period of 2021. No details were provided about the company’s solar roof.

“Our solar installation team continues to improve installation efficiency, enabling higher volumes and stronger economics,” the company said in a report accompanying its financial results.

During Q4 2022, Tesla’s energy generation and storage unit posted revenues of US$1.31 billion, a 90% increase on the same quarter of 2021.

“The energy business had its strongest year yet across all metrics, led by steady improvement in both retail and commercial storage,” said Zach Kirkhorn, Tesla CFO, during a conference call with investors.

Tesla’s energy storage deployments grew 64% year-on-year, reaching 6.5GWh in 2022, as reported by sister site Energy-Storage.news. The company said demand for its storage products is in excess of its ability to supply.

With US households looking for more energy independence and savings as power prices increase, the county deployed a record 1.57GW of residential solar during Q3 2022, according to trade body the Solar Energy Industries Association and research firm Wood Mackenzie.

That figure was achieved despite trade barriers and supply chain constraints leading total US solar deployment during the third quarter to drop 17% year-on-year.

Conference call transcript from the Motley Fool.

UPCOMING EVENT

PV ModuleTech USA 2026

16 June 2026

Napa, USA

PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 16-17 June 2026, will be our fifth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2028 and beyond.

UPCOMING EVENT

PV CellTech USA 2026

13 October 2026

San Francisco Bay Area, USA

PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 13-14 October 2026 is our fourth PV CellTech conference dedicated to solar manufacturing in the USA. From polysilicon, wafers, ingots, cells and modules, to critical component suppliers including glass and frames, the event connects every stage of the value chain under one roof. PV CellTech USA also brings together investors, innovators, manufacturers and industry stakeholders to collaborate and strengthen domestic solar manufacturing across the United States.