Batteries based on Tesla’s expertise in electric cars are now helping to optimise the growing number of rooftop solar installations in South Australia. But it is a project that has required as much legal, as technological, expertise. By linking up thousands of solar powered homes and new batteries, the initiative will ease the stress on the electricity grid caused by peaks and dips in solar power. In effect, the electric car maker is creating a ‘virtual power plant’ in a community of 3,000 social housing units in Adelaide, which will aggregate energy from their individual solar panels and its batteries. It is part of Tesla chief executive Elon Musk’s mission to translate the technology it has developed for cars into storage for renewable energy.
FT 14th May 2021 read more »