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So Elon Musk has won his bet to build a 100MW storage battery for South Australia in 100 days and he doesn’t have to give it away free. Switch-on was due last Friday. South Australian Premier Jay Weatherill, who was due to visit the installation, said the battery storage system will help support South Australia during the upcoming summer season, and reduce its reliance on other states for additional energy.
Further evidence of a Korean “land grab” of future European EV markets came last week with SK Innovation's announcement that it plans to invest around KRW1 trillion ($920 million) to build an electric vehicle (EV) battery plant in Hungary and to expand production facilities for EV batteries in South Korea.
A partnership between academe, the city of Coventry and other local partners was announced last week with GBP80 million ($108m) government funding. The National Battery Manufacturing Development Facility (NBMDF), was announced by Greg Clark, Secretary of State for Business, Energy and Industrial Strategy, while attending an energy conference on the University of Warwick campus.