Tesla, NatPower agree $5B deal for 25 GWh of battery storage in Europe

Tesla and independent energy firm NatPower have reached a deal to build 25 gigawatt-hours of battery storage in Italy and Britain, the first phase of a program worth up to $5 billion. Under the multiyear agreement, NatPower will deploy Tesla’s Megapack systems and use Tesla’s trading software to…

First covered Jun 23, 2026 · 7:00 AM PT · 1 article

Coverage

3d Electrek Tesla, NatPower strike $5B deal for 25 GWh of Megapack storage — Tesla and independent energy firm NatPower have reached a deal to build 25 gigawatt-hours of battery storage in Italy and Britain, the first phase of a program…

Appeared in: 2026-06-23 (#6) · 2026-06-24 (#8)

← Back to the brief