Elon Musk To Build World’s Biggest Lithium-Ion Battery

In a latest development, South Australia will work with Tesla and renewable energy provider Neoen to install the world’s biggest lithium-ion battery, in a bid to curb energy concerns that have plagued the state.
The announcement was made recently after Tesla founder Elon Musk made a Twitter bet in March that he could fix the state’s energy problems by installing its Powerpack system with 100MW of capacity within 100 days or it’s free. Jay Weatherill, South Australia’s premier called it a historic agreement on Twitter.
The grid-scale energy storage system will be deployed alongside the Hornsdale Wind Farm near Jamestown, which is operated by Neoen. The storage system will be employed to stabilise the grid in South Australia, which gets most of its energy from renewables.
The system will provide power for more than 30,000 homes according to Tesla, and Musk’s bet to build it in 100 days will be honoured. Completion is set for this December.
Elon Musk said if Tesla doesn’t live up to the 100 days commitment, it could possibly cost the company $50 million or more. But hey, at least the system will be a pretty sight.

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