South Australia's Premier hopes Elon Musk battery project will trigger more investment - lithium ion battery price

Elon Musk is confident in delivering the world's largest battery in South Australia, and Prime Minister Jay weisserer says the deal has attracted global attention.
Weserill said Musk's confidence in dealing with South African Airlines has focused global attention on the state.
"When billionaire investors like Elon Musk decide to invest in a place that the rest of the world is concerned about," weathermere said on Saturday . ".
"They made a decision based on what he thought and what he said.
"This puts us at the center of the start-up --
Ups is the center of entrepreneurs who want to do new things in a new way, because we convey the message to the world that we are a jurisdiction open to such investments.
"Musk's company, Tesla, will make 100 MW of lithium-ion batteries in 100 days, or offer them free of charge.
He was clearly drawn to the opportunity, and after talking to the media in Adelaide on Friday, he tweeted "Australian Rock ".
Tesla will work with the French renewable energy group Neoen to locate the facility near Jamestown, Central SAnorth.
It will be paired with Sinn's existing Hornsdale wind farm to store energy, stabilize the SA grid and increase security, and put downward pressure on prices.
This is an important part of the state's $0. 55 billion energy plan, which was set for power outages across the state last year.
Mr. Musk's 100-the clock will start ticking.
Once the project has been approved by the regulator, cleaning up the project for the grid connection is a daily commitment.
Musk said he was confident to deliver on his promise, but admitted that the project was not without risk.
"This is not a small attempt at the border.
"This is three times as far as anyone before," he said . ".
Mr Weatherill said Tesla's offer was "heavy-headed" than the 89 other submissions received by the government ".
But he said 100-
Day guarantee is not important in the equation.
"It is clear that this is a very bold commitment and it does show how serious they are," the prime minister said . ".
"But actually, there are many factors, prices, our assessment of their ability to deliver it, and other industry benefits derived from this offer.
"No details about the price of the battery have been given yet, but the prime minister said the state has received a very good deal.
He will visit Jamestown on Sunday.