07-17-2015, 02:38 AM
Australia, the sunniest continent, is luring solar battery suppliers from Tesla Motors Inc. to LG Corp. as the global roll out of the technology for home and business power storage gathers pace. At stake is a domestic market that could be worth A$24 billion ($18 billion), according to Morgan Stanley. Australia leads the world in putting solar panels on roofs, and by 2040, about one in two homes are forecast to rely on sun power.
Sunniest Continent Lures Tesla as Solar Battery Race Accelerates - Bloomberg Business