✅ Confirmed
Tesla Energy
Energy
Tesla signs historic $5 billion Megapack deal across UK and Italy
Tesla has secured a contract with NatPower to supply over 25 GWh of Megapack energy storage in the UK and Italy. This is the first phase of a project set to expand to 100 GWh with a cost exceeding $5 billion. Tesla will provide its high-energy-density Megapack batteries and the Autobidder platform to optimize revenue through advanced energy trading. The project will cover five sites powering industrial clients such as data centers and will be consolidated under a single contract serving as a template for future multi-market projects.
- Initial 25 GWh Megapack contract with NatPower in UK and Italy
- Total project planned for 100 GWh and over $5 billion
🔎 Why it matters: The deal involves the Autobidder platform and Megapack for a 100 GWh energy storage project, critical for European electrical infrastructure.
📈 Upside: Autobidder integration will enable optimized revenue generation through advanced energy trading.
📉 Risk: Not applicable.
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