Tesla has announced that it will install energy storage systems before summer in conjunction with French Renewable company Neoen’s Hornsdale Wind farm.
The world’s largest lithium battery has to be installed in less than 100 days or Musk will give it away for free. The countdown will begin after the grid interconnection agreement has been signed.
Tesla will get the system installed and working 100 days from contract signature or it is free. That serious enough for you?— Elon Musk (@elonmusk) March 10, 2017
The 100-megawatt battery will put SA at the forefront of global energy technology. The battery will be in operation 24/7 and will be responsible for consistent renewable energy as well as a back-up in case of emergency energy outage.
The 100-day cut-off was pledged by Elon Musk, Tesla’s CEO via Twitter earlier this year. Around the same time, the South Australian government announced power plan worth 500 million dollars, including a gas-fired plant and a 100MW battery.
South Australia’s Premier Jay Weatherill explained:
This historic agreement does more than bring a sustainable energy giant in Teslato South Australia; it will also have some significant economic spin-off.
Romain Desrousseaux, the deputy chief executive of Neoen, announced their excitement to collaborate with tech giant Tesla and the South Australian Government:
At 100MW and 129MWh, the Hornsdale Power Reserve will become not only the largest renewable generator in the state but also home to the largest lithium ion battery in the world, with our company's long-term, direct investment in South Australia growing to almost $1 billion since 2013.
Header: Elon Musk, innovator and visionary, is one of the richest men in America, with an estimated worth of $10 billion.
PHOTOGRAPH BY STEPHEN LAM, REUTERS