Tesla and Australia will turn 50,000 homes into a virtual solar power plant

Mark Austin for DigitalTrends:  The state of South Australia has announced that it will create a network of thousands of solar-powered homes, using Tesla solar panels and Powerwall batteries, Reuters reports. Initial phases of the plan are already underway and will eventually expand to as many as 50,000 homes, creating the “world’s largest virtual power plant,” according to premier Jay Weatherill.

“Our energy plan means that we are leading the world in renewable energy and now we are making it easier for more homes to become self-sufficient,” Weatherill said. “We will use people’s homes as a way to generate energy for the South Australian grid, with participating households benefiting with significant savings in their energy bills.”

Installation of the 5kW solar panels and Tesla batteries has already begun on 1,100 public housing properties, with 24,000 more to follow. After that, the program will be opened up to as many as 50,000 South Australian homes over the next four years.

The panels and batteries are being supplied at no cost to homeowners, backed by a multi-million-dollar grant and a loan from a taxpayer renewable energy fund. The program will be financed through the sale of excess energy generated by the solar power grid.  Full Article:

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