Australia is celebrating the success of the world’s largest lithium-ion battery, the Hornsdale Power Reserve, installed in South Australia.
Built by Tesla in just 54 days, this 100-megawatt battery has saved over $40 million AUD in annual maintenance costs.
Designed to combat power outages, the battery has reduced these costs by 75% compared to previous years. Impressively, the battery cost only $66 million to build.
Elon Musk made a bold bet to finish the project in 100 days or give it for free, which he won.
This eco-friendly solution not only …
