EVsQuartzabout 7 hours ago
Tesla and NatPower strike 25 GWh battery storage deal
1 min read
Tesla and NatPower agreed to build 25 gigawatt-hours of battery storage in Italy and the UK, with construction costs of $4 billion to $5 billion. The multiyear deal uses Tesla's Megapack systems and trading software. NatPower aims to exceed 100 GWh of storage capacity, with potential revenue over $15 billion in 20 years.
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