Tesla to build gi­ant bat­tery in Aus­tralia amid en­ergy cri­sis

The Guardian (Charlottetown) - - BUSINESS -

SYDNEY, Aus­tralia — Tesla says it will build the world’s largest lithium-ion bat­tery in south­ern Aus­tralia, part of a bid to solve an en­ergy cri­sis that has led to on­go­ing black­outs across the re­gion. Tesla will part­ner with French re­new­able en­ergy com­pany Neoen to build the 100-megawatt bat­tery farm in South Aus­tralia state. Tesla CEO Elon Musk said on Fri­day that he will de­liver the sys­tem within 100 days of sign­ing the con­tract or it will be free.

Musk says the sys­tem will be three times more pow­er­ful than any other bat­tery sys­tem on earth.

South Aus­tralia re­lies heav­ily on so­lar and wind-gen­er­ated en­ergy. The state has been scram­bling to bol­ster its frag­ile power grid and com­bat soaring en­ergy prices since it suf­fered a mas­sive black­out dur­ing a storm last year.

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