STIF Signs €25 Million Contract Renewal with Tesla for Battery Energy Storage Systems
ENERGY STORAGE
STIF, a leader in battery energy storage systems, has renewed a €25 million contract with Tesla for 2026, doubling the previous agreement. Christophe Canal, STIF's CFO, emphasized the importance of this partnership, citing Tesla's status as a top innovator in the industry despite concerns over Elon Musk's reputation. He noted that Tesla's expansion includes a new BESS manufacturing facility in Texas, highlighting the U.S. market's diverse energy policies.

Feb 5, 2026, 6:07 AM