Taiwanese energy integrator Apollo Power (7911.TW) has contracted Tesla's local energy business for 260 Megapack 2XL cabinets, about 1 GWh of storage, according to a Taiwan Stock Exchange filing summarized by TeslaNorth. The companies signed on Oct. 8. Apollo says the batteries will support behind-the-meter enterprise storage and resilient-grid projects, including work aimed at AI data centers.
What the filing actually says
TeslaNorth's read of Apollo's Oct. 11 filing is straightforward on the hardware and careful on the money. The order is for Megapack 2XL units totaling roughly 1 GWh, to be bought and delivered in batches. Delivery is planned through the end of 2027, with sites targeted to operate in 2028, subject to customer projects, construction, interconnection and acceptance.
Apollo did not disclose the purchase price. The filing cites a confidentiality agreement and says Tesla asked that the amount stay private, with the final transaction value depending on how the contract is performed. Social posts and some English write-ups have floated figures around $265 million; treat those as unverified guesses, not Tesla- or Apollo-confirmed numbers.
NT$13 billion is a project budget, not a Tesla invoice
At an Oct. 8 signing event covered by Taiwanese financial outlets including MoneyDJ and BigGo, Apollo put total project investment near NT$13 billion (about $407 million at recent rates). Apollo general manager Wu Chun-yi said that figure covers both equipment and on-site engineering, with equipment roughly 40% to 50% of the total. That implies a Tesla equipment bill in a lower band than the full NT$13 billion headline, but still without an official contract dollar amount.
The same coverage lists about 501 MW of power for two hours of discharge to reach 1 GWh, delivery in three batches, roughly 33 units already under customer contract and about 150 more in negotiation. Those customer figures are Apollo's, not Tesla's backlog disclosure.
Why investors should care
The order sits inside an "AIDC and enterprise resilient grid" alliance Apollo announced with Tesla Energy Taiwan, Gigabyte, Phison and Shihlin Electric. Apollo chairman Wang Hui-min framed electricity, not chips, as the bottleneck for AI factories. Tesla Energy Taiwan general manager Sun Hsiao-han, per BigGo's account of the event, said Tesla Energy's global storage deployment has exceeded 50 GWh, with growth of 2 to 3 GWh a quarter and about 1.5 GWh already installed in Taiwan, and pointed to grid-forming features useful for GPU load swings.
For Tesla shareholders, the near-term signal is demand: another Asia-Pacific Megapack commitment tied to industrial and AI power resilience, landing weeks before Q3 earnings on Oct. 21. Revenue recognition will trail deliveries into 2027 and operations into 2028. Watch Tesla's next update for whether energy guidance or backlog commentary reflects deals like this without inventing a contract value Apollo itself refused to print.