SMAWF - Tesla Leads Australian Big Battery Projects

• Six of 12 Australian big battery projects have adopted Tesla batteries.
• 42 further Australian big battery projects announced or proposed.
• Batteries getting bigger, with largest to be operational in 2021, a Tesla 300MW/450MWh battery facility; a proposed (but not committed) battery facility involves ~33 GWh!
• The Australian figures show that big batteries have arrived and they are becoming central to modern grid operation.
• Tesla is a major player and the Australian story demonstrates that Tesla’s battery business is growing rapidly. This is relevant to how investors should view Tesla. It isn’t just a car company.

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