At a Jamestown, South Australia occasion on Friday, Tesla CEO Elon Musk introduced that the corporate was midway completed putting in a 100MW/129MWh utility-grade battery financial institution close to the positioning of the 100MW Hornsdale Wind Farm.
The battery financial institution would be the largest grid-tied system on this planet when it’s full. (At present, the biggest grid-tied system is a 30MW/120MWh facility constructed by AES Power Storage in Southern California.) The venture grew out of a Twitter wager between Australian software program billionaire Mike Cannon-Brookes and Telsa and SpaceX CEO Elon Musk. In response to Cannon-Brookes’ incredulity concerning the velocity that Tesla was claiming it might set up grid-tied batteries, Musk promised to ship a system to South Australia, a state that’s suffered debilitating blackouts in current summers, “in 100 days or its free.”
However “100 days or it’s free” did not embody time negotiating contracts, and after the wager Tesla went although a aggressive bidding course of with the state of South Australia for entry to an A$150 million ($115 million) renewable power fund to cowl the price of the batteries. Earlier this yr, Musk gave estimates on Twitter that urged a 129MWh system would price $32.35 million earlier than taxes and labor. Tesla received the bidding spherical and partnered with French firm Neoen, the proprietor of the Hornsdale Wind Farm within the mid-north area of South Australia. Musk later commented that if Tesla missed its 100-day deadline, the corporate might stand to lose “$50 million or extra.”
This Friday, Tesla introduced the beginning of its 100-days countdown, initiated after the Australian Power Market Operator (AEMO) accredited the venture.
However Tesla has apparently given itself extensive berth to make that 100-day deadline, as the corporate has already been engaged on getting the Hornsdale set up up and operating. In accordance with the Australian Broadcasting Company (ABC) Musk stated on Friday evening that Tesla was already about midway completed with constructing the battery financial institution and putting in the batteries. The batteries are being made on the Tesla/Panasonic Gigafactory in Sparks, Nevada.
ABC additionally famous that South Australian Premier Jay Weatherill was in attendance at Tesla’s Friday evening occasion, the place he advised the gang, “There have been numerous people who have been making jokes about South Australia and making enjoyable of our management in renewable power. Nicely at this time they’re laughing out of the opposite facet of their face.”
Musk advised the gang, “To have that [construction] completed in two months … you’ll be able to’t transform your kitchen in that time frame.”
The Tesla CEO additionally appeared to make a gap bid for extra Tesla initiatives in Australia. In accordance with ABC, the CEO advised the Friday evening crowd that “Australia may very well be powered by 1,890 sq. kilometers of photo voltaic panels—roughly a tenth the world of Sydney backed up by seven sq. kilometesr of batteries.” Tesla’s current buy of photo voltaic panel producer SolarCity might put the corporate able to supply photo voltaic fields, as properly.