Indian-born British billionaire plans to break Tesla’s record for world’s biggest battery
The world’s most powerful lithium-ion battery was built last year by Elon Musk’s Tesla at the Hornsdale Power Reserve. But it looks like a new project could soon steal its place in the record books.
An Indian-born British businessman, Sanjeev Gupta has plans to build a 120 megawatt/140 megawatt-hour battery, beating out the 100 megawatt/129 megawatt-hour battery by Tesla in Jamestown, South Australia.
Billionaire Gupta bought a steelworks in Whyalla, South Australia, last August through his Liberty House firm and intends to power it with a 200-megawatt solar farm, hence the need for world-leading battery to store the energy. The solar farm will be constructed by Gupta’s GFG Alliance’s clean energy company – Simec Zen Energy.
For the project, the South Australian government has put up a $7.8 million loan to aid the battery's construction as it will assist the state's local grid stability.
The South Australia region currently depends on solar and wind for 50% of its power, and considering this is the second big-scale power project in South Australia in recent months, it's evident that they are determined to pursue renewable energy seriously.
Contributer : Techradar - All the latest technology news http://ift.tt/2IB0fx3
Reviewed by mimisabreena
on
Tuesday, March 20, 2018
Rating:
No comments:
Post a Comment