Tesla's bringing Powerwall batteries to 50,000 homes in Australia

Tesla is about to become a very important part of South Australia's power grid.

The company's Powerwall batteries are set to provide the juice for a massive "virtual power plant" in the country that will provide electricity for up to 50,000 homes over the next four years, according to the government.

Under the program, households will be provided with solar panels and Powerwall batteries, which will become part of a larger energy network. The power generated by the individual systems will provide electricity to the homes where they're installed but will also feed extra power back to the grid where it can be distributed to other locations as needed.  Read more...