Tesla’s Musk’s 100 Day Promise Upheld, Construction Of The World’s Largest Lithium Ion Battery Completed

The South Australian government has announced that the world’s largest lithium ion battery has already been constructed by Tesla and that battery is all set to be put to use and switch the battery packs on. This also marks the successful commitment or promise made by Tesla owner Elon Musk of building the biggest lithium ion battery in the world in just 100 days.

The 100-day building promise was made by chief executive Musk while singing the freed connection agreement with the South Australian government for the 129 megawatt hour battery, the bid for which was won by Tesla. Musk has promised that if his company was unable to complete and install the battery within 100 days, he would not charge anything for the batteries.

Tesla has already constructed about half of the batteries and installed them at the point in time when the grid connection deal was signed on 29 September.

The Tesla Powerpacks are all set to deliver grid security services in South Australia, the Australian state that is most wind powered, because the company has already completed installation of the batteries at a wind farm that is run by France’s Neoen.

“While others are just talking, we are delivering our energy plan, making South Australia more self-sufficient, and providing back up power and more affordable energy for South Australians this summer,” state Premier Jay Weatherill said in a statement.

In the last 18 months, there has been a spate of blackouts in the region, and to counter such eventualities I the future, the government there taken up a A$510m (£291.38m) alternative plan which includes diesel-fired generators so that power is able to be generated at all times. However, the state authority has not yet made it clear about how much of money the battery set would cost.

One of the market’s biggest coal-fired power plants was shut down in March this year in South Australia and neighbouring Victoria and warnings that this summer, there would be disruptions in the power supply to those areas, have been issued by Australia’s energy market operator.

“The world’s largest lithium ion battery will be an important part of our energy mix, and it sends the clearest message that South Australia will be a leader [sic] renewable energy with battery storage,” South Australian Premier Jay Weatherill said in a statement. “An enormous amount of work has gone in to delivering this project in such a short time.”

(Adapted from The Independent & Daily Mail)

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Categories: Economy & Finance, Entrepreneurship, Uncategorized

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