Tesla's massive Powerpack battery in Australia cost $66 million and already made up to $17 million

Linked to a wind farm next door.

We have already seen several pieces of evidence that Tesla’s massive Powerpack battery project in Australia is quite financially successful, but now we get all the numbers as Neoen, Tesla’s partner in the project, files for IPO.

The giant battery cost ~$66 million and it reportedly already made up to $17 million during the first ~6 months of operation.

Tesla’s 100MW/129MWh Powerpack project in South Australia provide the same grid services as peaker plants, but cheaper, quicker, and with zero-emissions, through its battery system.

It is so efficient that it reportedly should have made around $1 million in just a few days in January, but Tesla later complained that they are not being paid correctly because the system doesn’t account for how fast Tesla’s Powerpacks start discharging their power into the grid.


https://electrek.co/2018/09/24/tesla-powerpack-battery-australia-cost-revenue/