NatPower and Tesla Announce Deal for First Phase of $5 Billion Battery Storage Project

Independent energy firm NatPower has partnered with Tesla to build the first phase of a $4 billion to $5 billion battery storage project in Italy and Britain, aiming to deliver up to 25 gigawatt hours (GWh) initially. The collaboration uses Tesla's Megapack system and trading technology for managing electricity transactions.

By By Simon Jessop and Susanna Twidale Tue, June 23, 2026 at 11:56 AM GMT+3 1 min read · Yahoo Finance · June 23, 2026, 08:56 UTC

Tickers: $TSLA

Topics: Battery Storage Energy Partnership Renewables

Read the full article at Yahoo Finance

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