Industry Briefing

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NatPower and Tesla Strike 25 GWh European Battery Storage Deal

NatPower and Tesla Strike 25 GWh European Battery Storage Deal

NatPower has entered into a multi-year agreement with Tesla to supply and deploy over 25 gigawatt-hours of battery energy storage systems in European markets, with initial projects set for Italy and the United Kingdom. Announced on June 23, 2026, the partnership will see Tesla provide its Megapack technology, along with engineering, procurement, construction services, and energy trading optimization via its Autobidder platform. The projects, which will be owned and operated by NatPower, aim to streamline project development, financing, construction, and energy trading, facilitating large-scale battery deployment. The first phase includes five projects and is part of a larger initiative targeting over 100 GWh of storage capacity. NatPower anticipates that the full program could yield between $4 billion and $5 billion in construction value and generate over $15 billion in revenue over two decades. This agreement underscores the increasing significance of large-scale energy storage in Europe, driven by rising electricity demand, renewable energy integration, and the growth of data centers. As Europe seeks to enhance grid reliability and meet decarbonization goals, substantial storage additions will be necessary in the coming years. Tesla has established itself as a leading supplier of utility-scale battery systems, while NatPower continues to expand its role in energy infrastructure development. The storage assets from this agreement will provide essential grid balancing services and support electricity-intensive customers, including industrial facilities and data centers. NatPower CEO Fabrizio Zago emphasized the shift towards large-scale execution, while Tesla Energy Vice President Mike Snyder highlighted the integration of Tesla's capabilities to expedite battery deployments across Europe.

Blue Action Canada Reveals Second Cohort

Blue Action Canada Reveals Second Cohort

Founders Factory, a global startup investor, in collaboration with climate investor Blue Action, has unveiled the six ocean tech ventures selected for Blue Action Canada’s second cohort. This initiative, announced recently, aims to address critical issues such as maritime and port decarbonization, coastal resilience, nature and biodiversity, and defense technologies. The program seeks to support innovative solutions that contribute to environmental sustainability and resilience in the face of climate change. By fostering these ventures, Founders Factory and Blue Action are committed to advancing the development of technologies that can significantly impact ocean health and coastal communities.

blue action canada second cohort
Robodex and Tokyu Land Open Japan’s First Hydrogen Drone Port in Hiroshima

Robodex and Tokyu Land Open Japan’s First Hydrogen Drone Port in Hiroshima

Robodex and Tokyu Land Corporation have announced the opening of Japan's first permanent hydrogen drone port along the Seto Inland Sea coast. This innovative facility aims to enhance connectivity between Hiroshima's mainland and the nearby islands, including Osakikamijima. The collaboration between the two companies marks a significant step in the development of drone technology, leveraging hydrogen as a sustainable fuel source. The port is expected to facilitate efficient transportation and logistics in the region, promoting economic growth and technological advancement.

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