A turning point for NatPower.
Two great teams working together to build the energy infrastructure required for the next generation of growth.
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https://t.co/NHlj0W3h1C
NatPower and @Tesla have signed a strategic agreement covering more than 25 GWh of battery energy storage systems (BESS) across Europe.
The agreement encompasses five initial projects in Italy and the United Kingdom, representing the first delivery phase of a broader program with a total capacity target exceeding 100 GWh. The aggregate construction value across the full scope is estimated at $4–5 billion USD and expected projects revenues exceeding $15 billion over 20 years.
This marks a significant step forward in the development of large-scale energy infrastructure, moving beyond individual projects toward a coordinated system that integrates manufacturing capacity, financing and execution across multiple markets.
At this scale, energy storage becomes core infrastructure, enabling grid stability, renewable optimisation and reliable power for high-demand applications such as data centres and energy-intensive industries.
“This initiative sets a new benchmark for the BESS sector, reaching a scale unmatched by any existing installation worldwide. The sector has access to technology and capital, but still struggles to deliver infrastructure consistently and within the required timelines. What we have built with Tesla is an ecosystem that enables alignment between capital and execution, and that can be replicated across multiple markets.”
— Fabrizio Zago, CEO of NatPower
https://t.co/UAW7u3fOM0