Elon Musk’s company Tesla is known for making unique and exciting products and gadgets. The company is now planning to build a large battery, for the South Australia region to solve energy crises across the whole south region. Tesla has partnered with Neoen, a French company, to build a 100-megawatt battery farm. This new system will be three times powerful than any other power generating system on Earth, says Elon Musk.
South Australia relies heavily on renewable energy that is why the region faces power shut down every now and then. The project aims to cater the energy need of South Australian region. Tesla and the Government of South Australia have signed an agreement in this regard. The company has promised to make and deliver the system in 100 days, and if the company fails to do so, then the company will not charge any amount from the government.
In a statement Musk said,
“You can essentially charge up the battery packs when you have excess power and where the cost is very low, and it discharges when the cost of production is high this lowers the average cost per hour to the customer”.
The energy crisis keeps rising as each day pass, the crisis is not limited to developing nations such as Pakistan and India or to developed country like Australia but is expanding across the globe. Companies such as Tesla are helping countries to cope up with their energy crisis problem. Furthermore, the use of renewable energy as a source of power is also on the rise, countries now are not relying solely on power which is being made using coal or water.
See also: World Bank to fund Solar power projects in Pakistan
Elon Musk’s SpaceX has recently launched a broadband satellite for Intelsat, enabling the Caribbean, European, and African regions to receive high and better wireless connectivity. The company is also planning to launch super-fast internet satellites into space by 2019, the main aim of which will be to provide fast internet to people living on Earth.
