The Motley Fool Discussion Boards

Previous Page

Investment Analysis Clubs / Macro Economic Trends and Risks

URL:  https://boards.fool.com/tesla-reaches-halfway-point-of-construction-on-32849631.aspx

Subject:  Re: Elon Musk's Big South Australia Bet Date:  9/30/2017  6:57 AM
Author:  DrBob2 Number:  523924 of 583855

Tesla reaches halfway point of construction on 'world's biggest' battery
http://mobile.abc.net.au/news/2017-09-29/elon-musk-tesla-wor...
A grid connection agreement for the 100-megawatt battery array was signed by transmission company Electranet on Friday afternoon, sparking the start of a 100-day deadline for Tesla to complete construction of the battery or build it for free....

Also in attendance was South Australian Premier Jay Weatherill, who noted it was one year ago from Thursday since South Australia's statewide blackout. "That was not a good day," Mr Weatherill said. "Tonight we are here celebrating the progress that's been made."....

Tesla claims its array, manufactured at the company's new Gigafactory in Nevada, will be able to power about 30,000 homes. It will store up to 129 MWh of electricity, meaning at full power it will last for a little over an hour....The Government has set an operating deadline of December 1 for the battery along with 250 megawatts of temporary diesel generators, to help address expected shortfalls across the summer period.

DB2
Copyright 1996-2020 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us