South Australia unveils world's largest lithium-ion battery to feed its grid

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The delivery is also ahead of Tesla CEO Elon Musk's self-imposed deadline of "100 days or it's free".

Tesla's chieftain Elon Musk has delivered on his bold promise to build a new storage solution within 100 days - a move that the South Australian public met with applause following a number of frustrating blackouts across the country, including a nationwide one past year.

The lithium battery and subsequent bet are part of South Australia's 530 million dollar energy plan alongside the construction of backup generators. As of December 1, this Australian mega-battery has officially been switched on.

The battery is said to be capable of powering 30,000 homes, said Yuen Low, an analyst at Shore Capital.

World's largest lithium-ion battery is now up and running in South Australia, and it's all thanks to Musk and Tesla.

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More importantly for the residents of South Australia, they hope the Tesla's Powerpack system can begin to solve some of the massive energy problems experienced over past summers plagued by blackouts, noted the publication. This is especially important given that this state gets a whopping 40 percent of its electricity from wind energy.

Over the past year and a half, South Australia has been hit by a series of blackouts.

"This means that, for the first time, clean and affordable wind energy can be dispatched to the grid 24 hours a day, seven days a week, whether the wind is blowing or not, improving system reliability", a statement from South Australia Premier Jay Weatherill's office stated. "It can address those stability issues very quickly without needing to resort to using large power plants", said Praveen Kathpal, the vice president of AES Energy, who also bid for the battery contract.

Elon Musk's Tesla turned on its huge lithium ion battery in Australia today.

Meanwhile, opponents of the South Australia's new pro-renewable energy solution argue that the battery is a "Hollywood Solution" in a country that still relies on fossil fuels, mainly coal, for two-thirds of its electricity.

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