Your daily selection of the hottest trending tech news!
According to Electrek (This article and its images were originally posted on Electrek September 24, 2018 at 05:53AM.)
We have already seen several pieces of evidence that Tesla’s massive Powerpack battery project in Australia is quite financially successful, but now we get all the numbers as Neoen, Tesla’s partner in the project, files for IPO.
The giant battery cost ~$66 million and it reportedly already made up to $17 million during the first ~6 months of operation.
Tesla’s 100MW/129MWh Powerpack project in South Australia provide the same grid services as peaker plants, but cheaper, quicker, and with zero-emissions, through its battery system.
To see more posts like these; please subscribe to our newsletter. By entering a valid email, you’ll receive top trending reports delivered to your inbox.