Tesla to Build World's Biggest Battery in South Australia

Elon Musk announced a project to build the world’s largest lithium-ion battery in South Australia on July 7. And if the $33 million project isn’t delivered in under 100 days, the Tesla founder said it would be free.In a bid to secure the state’s energy future, the South Australian government made a “historic agreement” with Tesla and renewable energy provider Neoen to install a 100-megawatt battery. The battery would store power generated from Neoen’s 99-turbine wind farm at Hornsdale, according to the Adelaide Advertiser.Musk said the battery would be three times more powerful than any other energy storage system on earth.The video shows Musk and Neoene’s Deputy Chief Executive Romain Desrousseau with South Australia’s Premier Jay Wetherill at a press conference in the Adelaide Oval.The ABC reported that the 100 day countdown will start once the grid interconnection agreement has been signed. Credit: Jay Weatherill via Storyful