Tesla’s ambitious project to launch the world’s biggest virtual power plant involving installation of solar panels and batteries on 50,000 homes in South Australia may soon become a reality.
The deal was struck in February this year between Tesla CEO Elon Musk and former South Australian Premier Jay Weatherill, but was on the verge of getting scrapped under the new state government headed by Liberal leader Steven Marshall. Marshall’s government had their own plan to offer discounts on battery storage for 40,000 homes.
However, Energy Minister Dan van Holst Pellekaan announced at the Australian Energy Conference this week the newly elected government would proceed with both plans.
“It’s very important to be clear about this—we are honoring the existing commitments around the Tesla virtual power plant (VPP),” he said.
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