Tesla's Q4 ESS Sales Surge
ESS as a Growth Momentum for Eco-Friendly Energy
Wind and Solar Companies' Stocks Rise Together
Unison is showing strong performance. Following news that Tesla's energy storage system (ESS) sales have surged, eco-friendly energy-related stocks are rising together, attracting buying interest.
![[Featured Stock] Unison Soars 14% on Tesla ESS Sales Surge News](https://cphoto.asiae.co.kr/listimglink/1/2024072208164559128_1721603806.jpg)
As of 10:11 AM on the 3rd, Unison is trading at 894 KRW, up 14.91% (116 KRW) from the previous trading day. Unison is a company specializing in wind power generation. Another wind power company, CS Wind (4.00%), is also rising, while solar-related companies Hanwha Solutions (11.64%) and OCI (4.12%) are showing strong gains as well.
Tesla's ESS sales in the fourth quarter reached 11 gigawatt-hours (GWh), showing strong performance. The annual sales for last year were 31.4 GWh. This is more than double the 14.7 GWh recorded in 2023. ESS is a system that stores and manages energy, which is difficult to store and disappears after use, allowing efficient utilization. It structurally solves the unstable supply problem, a drawback of eco-friendly energy sources like solar and wind power.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
