A record-breaking Australian battery deal shows Tesla is moving beyond cars
The massive battery installation will help the electricity grid in South Australia maintain reliability as it shifts to renewable wind energy. Batteries can store energy when it’s windy and then release it when output is lower.
And with a massive battery factory on its books, Tesla started looking for ways to diversify beyond cars. In 2015, the company unveiled a home energy storage system called the Powerwall that would allow families to store energy generated by solar panels on the roof. More recently, Tesla has been bidding for contracts to build massive grid-storage systems like the ones in Australia and California.