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Tesla’s massive Megapack site near Melbourne is almost ready

Credit: State Energy Commission

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Another massive energy storage project backed by Tesla’s Megapack grid-scale batteries will go online this year in Australia, as the first batch of the site’s final materials needed to connect the site to the grid have officially arrived on site.

The transformers required to energize a 600MW/1,600MWh Tesla Megapack facility in Plumpton, Victoria have officially arrived, as detailed in a press release from site operator Lumea on Sunday. The site is expected to become operational sometime this year, connecting to a first-of-its-kind underground substation, coming as the latest of a series of projects to be announced and go online across Australia in recent months.

Those at the so-called Melbourne Renewable Energy Hub (MREH) welcomed the hardware over the weekend with a ceremony including Victorian Minister for the State Electricity Commission Lily D’Ambrosio, as well as others from Lumea and site partner Equis. Tesla’s 444 Megapacks originally arrived at the facility last May, and the project is expected to offer electricity to roughly 200,000 homes during times of peak energy use.

“The Lumea team is excited and very proud to be working with our customers Equis and the SEC to help them realise this important project,” said Craig Stallan, Lumea Executive General Manager. “The accelerated development of the MREH plays a key role in meeting Victoria’s ambitious timeline of renewable energy and net zero targets. We are working to safely connect this enormous battery to the grid, improving system strength and enabling access to renewable, affordable and reliable energy for consumers.”

The transformers were installed by a specialized Lumea crew, who used a “jack and skate” procedure to lift the two 335-tonne units onto their foundations. Lumea also says that a third transformer will arrive in February, all three of which will be used to convert and stabilize energy generated and stored at the facility.

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READ MORE ON TESLA MEGAPACKS: Tesla Megapacks to support two big storage projects in Australia

“We’re excited to see the SEC’s first project take shape and continue to achieve construction milestones ahead of being operational later this year,” said David Moo, the State Energy Commission’s (SEC’s) General Manager of Asset Delivery. “The transformers being installed will enable the Melbourne Renewable Energy Hub to deliver up to 1.6 gigawatt hours of energy storage onto the grid – enough to power 200,000 homes during peak periods.”

Work will continue on the initial two transformers to get the site connected up through the arrival and installation of the third. The Megapack project will also connect to the grid through the existing Sydenham Terminal Station using a 1.75km, 500kV underground cable, and a 500kV Plumpton Renewable Terminal Substation, which Lumea says is the first such system of its kind in Australia.

“We are proud we have worked at pace with our partners to bring a critical Victorian energy project online,” said David Russell, Equis Managing Director. “With the SEC’s assistance the Melbourne Renewable Energy Hub is on track to complete within both the cost budget and time period forecasted.”

What are your thoughts? Let me know at zach@teslarati.com, find me on X at @zacharyvisconti, or send us tips at tips@teslarati.com.

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Tesla builds its 10,000th Megapack at the California Megafactory

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Zach is a renewable energy reporter who has been covering electric vehicles since 2020. He grew up in Fremont, California, and he currently lives in Colorado. His work has appeared in the Chicago Tribune, KRON4 San Francisco, FOX31 Denver, InsideEVs, CleanTechnica, and many other publications. When he isn't covering Tesla or other EV companies, you can find him writing and performing music, drinking a good cup of coffee, or hanging out with his cats, Banks and Freddie. Reach out at zach@teslarati.com, find him on X at @zacharyvisconti, or send us tips at tips@teslarati.com.

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Tesla expands Early Access Program (EAP) for early Full Self-Driving testing

Tesla expanded the elusive EAP program for more drivers to test versions of Full Self-Driving before they are widely released.

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Credit: @WholeMars/YouTube

Tesla has expanded its Early Access Program (EAP) to more drivers as it is allowing vehicle owners to test Full Self-Driving versions earlier than normal.

The EAP allows owners to test FSD versions before they are released widely to the public. In previous years, having access to EAP was quite a privilege, but Tesla seems to be going all-in on its eventual rollout of autonomous driving by letting more owners test supervised versions of the suite before they are released publicly.

On Thursday night, Tesla officially launched the ability for some owners to gain entry into EAP. The company did not detail how it chose certain drivers to enable their status in the program, but we’ve seen several well-known Tesla influencers and fans gain access. There are plenty of other drivers who have been granted access as well:

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It seems that the EAP access is being granted to those who purchased Full Self-Driving outright and are not paying for the monthly subscription. Tesla has not confirmed that is the case, though.

Tesla wrote in its release notes of the EAP program:

“Enroll to experience early features before they’re widely released. Provide your feedback and related vehicle data to help make the next release our best yet. Note, every driver is responsible for remaining alert and must be prepared to take action at any time.”

The expansion of the EAP indicates that Tesla is growing more confident in these new, unreleased versions of the suite and is aiming to gain significant amounts of data from those who are lucky enough to gain access to it.

In the past, Tesla has been hesitant to add drivers to the EAP because its widespread release was not necessarily warranted. Reading between the lines, there is a significant vote of confidence on Tesla’s part to do this, just seeing as the hesitance to release these versions of FSD has been evident in the past few years.

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Tesla is still aiming to roll out a ride-hailing service using FSD in Austin later this year. The company was hiring for teleoperators recently, so that could be one way it manages to ease into the idea of a driverless service for those who choose to use it as it is released to more cities in the U.S. later this year.

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Tesla rolls out new, more affordable trim of the Model Y Juniper in U.S.

Two months after launching the new Model Y with the Launch Series, Tesla has brought out an All-Wheel-Drive configuration of the ‘Juniper’ build.

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Credit: Tesla

Tesla has finally rolled out a new trim level of the new Model Y “Juniper” in the United States, bringing a more affordable option of the revitalized version of its best-selling vehicle to market.

On Friday, Tesla officially launched the Long Range All-Wheel-Drive version of the new Model Y in the United States. Before the $7,500 federal tax credit, the configuration starts at $48,990.

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Just a few days ago, we reported on Tesla ramping up production of non-Launch Edition configurations of the new Model Y at Gigafactory Texas. While the company initiated sales of these trim levels in other countries, the U.S. was still waiting for more affordable options to become available.

The Launch Series version of the new Model Y had 327 miles of range, a top speed of 125 MPH, and a 4.1-second 0-60 MPH acceleration rate. The Long Range All-Wheel-Drive trim of the new Model Y has nearly identical specs: it offers the same 327-mile range rating with the same top speed of 125 MPH. However, it has a 4.6-second 0-60 MPH acceleration rate.

The Launch Series also came with Full Self-Driving included. The new, more affordable trim does not, so owners will have to pay $8,000 for FSD if they’d like to purchase it outright. There is also a monthly subscription service that costs $99/mo.

Now that the new Model Y has a new, more accessible configuration available and Tesla has already started ramping production, this could be a good sign of things to come for the company as Q2 kicks off.

Tesla reported lower-than-expected delivery figures for Q1 earlier this week, with the company stating that the shutdown of production lines to changeover to the new Model Y design impacted “several weeks” of manufacturing.

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Inventory levels for Tesla were also high, as production outpaced deliveries by a margin of nearly 22,000 vehicles. This could be due to the number of units that have not made their way to delivery centers quite yet, but more information on this will likely be shed by Tesla during its earnings call on April 22.

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Investor's Corner

“Nothing Magnificent about Tesla (TSLA),” claims Jim Cramer

Cramer shared his thoughts about the matter in a comment to CNBC.

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Credit: Tesla

Tesla (NASDAQ:TSLA) is one of the stocks in the “Magnificent Seven,” which is comprised of U.S. tech companies that have driven notable market growth. But as per finance veteran Jim Cramer, electric vehicle maker Tesla no longer qualifies for the group’s moniker.

Cramer shared his thoughts about the matter in a comment to CNBC.

Not “Magnificent” Anymore

The Magnificent Seven (Mag 7) stocks are comprised of Apple, Microsoft, Amazon, Alphabet, Meta Platforms, Tesla, and Nvidia. The companies are known for their large market caps, innovation, and domination in their respective fields. As per Cramer in his recent comments, however, there are essentially no Mag 7 stocks anymore amid the fallout of U.S. President Donald Trump’s tariffs.

“You can buy some low multiple techs, industrials, and banks here. We did that for the charitable trust today, right under the teeth of the selloff. I would not jump back into the Magnificent 7 because, as of tonight, there is no ‘Mag 7’ anymore. I came up with that name, and I’m scrapping it right now — no moniker fits the two or three that remain viable. And I’m not going to put it out there — there’s nothing magnificent about Tesla or Nvidia,” Cramer noted.

Trump Tariffs

Donald Trump’s tariffs are expected to affect a variety of industries, including automakers like Tesla. Despite this, Tesla’s domestic factories such as Gigafactory Texas and the Fremont Factory should shield Tesla to some degree. As per TD Cowen analyst Itay Michaeli, “Tesla (is) a relative beneficiary given [its] 100% U.S. production footprint, substantial U.S. sourcing, and with Model Y competing in a midsize crossover segment where close to ~50% of vehicles could be subject to tariffs.”

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Elon Musk, however, has noted that the effects of Trump’s tariffs to Tesla are no joke. “To be clear, this will affect the price of parts in Tesla cars that come from other countries. The cost impact is not trivial,” Musk wrote in a post on X. 

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