Elon Musk wins bet, successfully completes battery storage project within 100 days

The new project is located in Australia and aims to resolve electricity issues in the state of South Australia where storms caused state-wide blackouts.

By Digit NewsDesk | Published 24 Nov 2017 16:27 IST
HIGHLIGHTS
  • The new project is located in Australia and aims to resolve electricity issues in the state of South Australia where storms caused state-wide blackouts.

Elon Musk wins bet, successfully completes battery storage project within 100 days
Elon Musk wins bet, successfully completes battery storage project within 100 days

It seems like Elon Musk is a man of his word. Back in March this year, Musk made a bet with Australian billionaire that his company, Tesla, would be able to get the system to provide backup power to the state of South Australia within 100 days or it would be free. Now, Musk has made an announcement that the project was completed. In a tweet he stated, “Congratulations to the Tesla crew and South Australian authorities who worked so hard to get this manufactured and installed in record time!”

Business Insider notes that the clock started ticking back in September this year when he signed the contract, but work had already begun after the Australian Government awarded the contract to Musk back in July. 

The installation is a result of the Australian Government's efforts to resolve the electricity issues in the state of South Australia where storms caused state-wide blackouts. The system offers a 100MW/129MWh Powerpack system, and uses sustainable wind energy. It will be paired with the Neoen Hornsdale Wind Farm near Jamestown, South Australia. The company also claims that it is the world’s largest lithium-ion battery storage project.

Once the installation is fully charged, it is expected to hold enough power for 8,000 homes for 24 hours, or 30,000 homes for an hour. It will be called into action during periods of loadshedding, during which excess demand for energy leads to blackouts. Currently, the system still needs to undergo testing to ensure it is optimised and meets the energy market regulatory requirements.

A few days ago, Musk unveiled a new electric truck as well as a new roadster as well. The Tesla Semi truck is said to have a range of 300 to 500 miles and accelerate from 0 to 60 miles/hour to in 20 seconds while hauling over 80,000 pounds. The new Roadster is said to offer acceleration of 0 to 60 miles/hour in 1.9 seconds and a top speed of over 250 miles/hour. The company claims that the new vehicle is has a range of 650 miles.

 

Digit NewsDesk
Digit NewsDesk

Email Email Digit NewsDesk

Follow Us Facebook Logo Facebook Logo Facebook Logo

About Me: Digit News Desk writes news stories across a range of topics. Getting you news updates on the latest in the world of tech. Read More

Advertisements

Trending Articles

Advertisements

LATEST ARTICLES View All

Advertisements

Hot Deals View All

AGARO 33511 MAGMA Air compression leg massager with handheld controller, 3 massage mode and intensity for feet, calf and thigh Massager  (Black)
AGARO 33511 MAGMA Air compression leg massager with handheld controller, 3 massage mode and intensity for feet, calf and thigh Massager (Black)
₹ 6199 | $hotDeals->merchant_name
IRIS Fitness Leg and Foot Massager  (Red)
IRIS Fitness Leg and Foot Massager (Red)
₹ 10999 | $hotDeals->merchant_name
ARG HEALTH CARE Leg Massager for Pain Relief Foot, Calf and Leg Massage with Vibration and Heat Therapy (Golden)
ARG HEALTH CARE Leg Massager for Pain Relief Foot, Calf and Leg Massage with Vibration and Heat Therapy (Golden)
₹ 15499 | $hotDeals->merchant_name
HP 15.6 LAPTOP BAG Backpack  (Black, Black, 25 L)
HP 15.6 LAPTOP BAG Backpack (Black, Black, 25 L)
₹ 275 | $hotDeals->merchant_name
ah arctic hunter Anti-Theft 15.6 inches Water Resistant Laptop Bag/Backpack with USB Charging Port and for Men and Women (Black)
ah arctic hunter Anti-Theft 15.6 inches Water Resistant Laptop Bag/Backpack with USB Charging Port and for Men and Women (Black)
₹ 2699 | $hotDeals->merchant_name
DMCA.com Protection Status