It looks like batteries are making very good economic sense: more than 25% returns in 6 months
https://electrek.co/2018/09/24/tesla-powerpack-battery-australia-cost-revenue/
Tesla’s massive Powerpack battery in Australia cost $66 million and already made up to ~$17 million
Fred Lambert
- Sep. 24th 2018 5:52 am ET
[...]
We have already seen several pieces of evidence that Tesla’s massive Powerpack battery project in Australia is quite financially successful, but now we get all the numbers as Neoen, Tesla’s partner in the project, files for IPO.
The giant battery cost ~$66 million and it reportedly already made up to $17 million during the first ~6 months of operation.
It looks like batteries are making very good economic sense:...
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