Tesla wins contract in Australia for 'the world's biggest lithium-ion battery'

The bet is on.

South Australia will work with Tesla and solar energy provider Neoen to install the world's biggest lithium-ion battery in a bid to curb energy concerns that have plagued the state.

SEE ALSO: The electric car revolution may hit the world 'harder and faster' than predicted

The announcement was made on Friday months after Tesla founder Elon Musk made a Twitter bet in March that he could fix the state's energy problems by installing 100MW worth of its Powerwalls "within 100 days or it's free."

Jay Weatherill, South Australia's premier, called it a "historic agreement" on Twitter.

World’s largest lithium ion battery will be installed in #SouthAustralia under a historic agreement between #Neoen #Tesla & SA Gov! http://pic.twitter.com/GcfrwOzD9g

— Jay Weatherill (@JayWeatherill) July 7, 2017 Read more...

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