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Elon Musk is trying to help Australia with its big energy crisis

Elon Musk | The GoodNews Media

Elon Musk and Tesla have made good on their promise to help Australia with its energy crisis, installing the world’s largest lithium ion battery.

The battery will live in the state of South Australia, home to 1.7 million people who regulary suffer from power cuts and energy shortages.

“Tesla Powerpack will charge using renewable energy from the Hornsdale Wind Farm and then deliver electricity during peak hours to help maintain the reliable operation of South Australia’s electrical infrastructure,” Tesla said on its blog, discussing the deal. “The Tesla Powerpack system will further transform the state’s movement towards renewable energy and see an advancement of a resilient and modern grid.”

The size and scope of this deal is a notch on Tesla’s belt as an energy player, say experts.

“[A] big deal like this is both great validation and helps build scale around its battery technology,” said Jackdaw Research chief analyst Jan Dawson via email to Fox News. “I certainly wouldn’t call it an energy giant just yet – it’s still tiny in comparison with true energy giants, and its approach is still mostly focused on generating and storing power in individual homes. But this deal suggests it’s open to more industrial and large-scale applications too.”

Read more on this on FoxNews

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