Octopus wraps 'big battery' joint venture with Nexta Capital

Stuart Stone
clock • 3 min read
Credit: Octopus
Image:

Credit: Octopus

Octopus Energy Development Partnership aims to deliver to up to 1.5GW of energy storage in Italy and targets €1bn investment by 2030

Octopus Energy's generation arm has announced a new joint venture with Milan-based Nexta Capital to develop up to 1.5GW of commercial-scale battery storage systems across several projects in southern Italy....

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

Government urged to stand firm on £3.3bn budget for community clean energy

Government urged to stand firm on £3.3bn budget for community clean energy

Energy Saving Trust calls on government to accelerate community energy development through promised Local Clean Power Plan

Michael Holder
clock 14 August 2025 • 3 min read
Government urged to recognise 'full net zero value' of biomethane through Emissions Trading Scheme

Government urged to recognise 'full net zero value' of biomethane through Emissions Trading Scheme

Joint letter backed by more than 100 signatories calls on Ed Miliband to approve recognition of biomethane as a net zero fuel within the UK ETS

Stuart Stone
clock 12 August 2025 • 5 min read
All-electric Kent new town inks deal to export clean power to the grid

All-electric Kent new town inks deal to export clean power to the grid

Trail-blazing flexible grid agreement for Otterpool Park's 8,500-home all-electric garden town is expected to save residents millions of pounds on their energy bills

Stuart Stone
clock 08 August 2025 • 5 min read