Tesla’s giant battery saved $40 million during its first year, report says

Neoen, the owner of the giant Tesla battery system in South Australia, released a new report for the first full year of operation and revealed that the energy storage system saved about $40 million over the last 12 months. Tesla’s 100MW/129MWh Powerpack project in South Australia provide the same grid services as peaker plants, but cheaper, quicker, and with zero-emissions, … Continue reading Tesla’s giant battery saved $40 million during its first year, report says