Article 3ZMTB South Australia's Tesla battery on track to make back a third of cost in a year

South Australia's Tesla battery on track to make back a third of cost in a year

by
Calla Wahlquist
from on (#3ZMTB)

World's largest lithium battery cost $90.6m but revenue is healthy, according to documents filed by French renewable company Neoen

The Tesla lithium-ion battery in South Australia is on track to make back a third of its construction costs in its first year of operation, new financial documents show.

The 100MW/129MWh battery was switched on in November and is paired with the Hornsdale windfarm, about 230km north of Adelaide.

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