Tesla and energy storage developer NatPower have agreed on a multiyear battery storage deal totaling 25 GWh in Europe, according to reports. The first phase of the agreement covers five battery storage projects located in Italy and the United Kingdom. Estimates for construction costs for this initial set of projects fall in the range of $4 billion to $5 billion, reflecting the scale of the planned storage capacity.
The partnership is described as the first phase of a larger, multiyear initiative. While the reports focus on the early projects in Italy and the UK, they frame the arrangement as part of a broader rollout across Europe over time. Neither outlet details specific dates for commissioning or battery technology specifications in the provided excerpts.
Overall, the coverage agrees that the companies are combining to deliver large-scale grid or energy storage capacity—25 GWh in total—with the near-term work concentrated in five projects across Italy and the UK and an estimated multi-billion-dollar construction budget for the first stage.
