Tesla has constructed the world’s largest battery in Australia


Elon Musk is making good on his promise to assist remedy an vitality disaster in Australia.

Tesla (TSLA) has “totally put in” the world’s largest lithium ion battery in South Australia, the state authorities mentioned in an announcement on Thursday.

Tesla teamed up with a French renewable vitality agency and the native authorities to put in the battery, which Musk promised to ship inside 100 days of signing a contract — or it will be free.

The battery must be operational by early December for Musk to satisfy his personal deadline.

“Congratulations to the Tesla crew and South Australian authorities who labored so laborious to get this manufactured and put in in document time!” Musk tweeted Thursday.

The battery ought to assist ease frequent energy outages in South Australia, which has suffered not too long ago from vitality shortages.

Related: Elon Musk promises world’s biggest lithium ion battery to Australia

The battery will retailer energy generated by a wind farm in South Australia, releasing it throughout occasions of elevated demand.

It’s slated to be 3 times extra highly effective than its nearest competitor, and is now being examined to make sure it meets federal and state necessities.

The challenge “sends the clearest message that South Australia will likely be a frontrunner [in] renewable vitality with battery storage,” state premier Jay Weatherill mentioned in an announcement. “An unlimited quantity of labor has gone in to delivering this challenge in such a short while.”

The formidable timeline dates again to a wager made in March, when billionaire entrepreneur Mike Cannon-Brookes threw down the gauntlet to Musk, asking if Tesla was severe when it claimed it might rapidly finish blackouts in South Australia.

Related: China is winning electric cars ‘arms race’

South Australia’s inhabitants of 1.7 million individuals endure common energy cuts and vitality shortages. Late final yr, a lot of the state was left with out energy after a storm broken essential transmission traces. One other main blackout occurred in February when a warmth wave precipitated demand to spike.

CNNMoney (Hong Kong) First revealed November 23, 2017: 6:07 AM ET





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