SUBSCRIBE
PROFILE

Tesla secures a renewable energy supply contract with Zelestra in Spain

Tesla has signed a long-term power purchase agreement (PPA) with Zelestra, ensuring the supply of 130 GWh of solar energy per year. Three photovoltaic plants in Spain will provide this capacity, reinforcing the company's energy strategy.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

SUBSCRIBE - 99$/year

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Tesla has entered into a power purchase agreement (PPA) with Zelestra, a company specializing in renewable energy. This agreement guarantees the supply of 130 GWh of solar electricity per year for the automaker’s operations.

A structuring contract for Tesla

The agreement includes a capacity of 57 MWac, with energy supplied by three solar plants located in Brazatortas, in the Castilla-La Mancha region of Spain. These facilities, with a total capacity of 74 MWdc, are expected to generate an annual production of 146 GWh.

The immediate start of construction following the PPA signing illustrates Zelestra’s rapid execution capabilities. The company holds a project portfolio of more than 5 GW in Spain, confirming its commitment to this market.

A strategic development for Zelestra

With this agreement, Zelestra continues to strengthen its position in the long-term energy supply contract segment. Ivan Nieto, Chief Commercial Officer of Zelestra, emphasized that this partnership with Tesla aligns with their commitment to providing decarbonized energy solutions tailored to industry needs.

This commitment to PPAs reflects the growing interest of companies in securing their energy supply in response to market developments and cost reduction imperatives related to energy.

  • Popular on energynews.pro
Allseas’ nuclear concept could inject EUR130bn into Dutch economy by 2050
Berlin approves strategic minority stake in TenneT Germany
Shell sells 50% of Tobermory to Ithaca to share UK fiscal risk
Chevron in advanced talks to acquire Lukoil’s international assets
Russia delivers key test rig for ITER project progress
France: the government launches an observatory to monitor 1,600 agrivoltaic projects
A national tool led by ADEME lists agrivoltaic installations across France to support their regulatory oversight, as the sector sees rapid growth following the 2023 law.
VALOREM commits 500 hours of job inclusion on its solar park in Aveyron
The construction site of the future photovoltaic park in La Couvertoirade plans to hire four people in job inclusion, as part of a partnership between VALOREM and the Union Départementale des Structures d’Insertion par l’Activité Économique de l’Aveyron.
Abraxas begins Solar City works, Maldives’ first special economic zone project
Abraxas Power Corp. has launched land reclamation operations for Solar City, a 100-megawatt floating solar project in the Maldives, following environmental approval. The total zone investment exceeds USD187mn.
Astronergy and Alfa Solar invest $200mn in solar plant in Turkey
Alfa Solar and Astronergy Europe are partnering to build an integrated solar wafer and cell facility with 2.5 GW capacity in Balıkesir’s organised industrial zone.
Global renewable energy investment growth slows to 7.3% in 2024
Despite reaching a record $807bn in 2024, renewable energy investment growth slowed sharply, with funding heavily concentrated in advanced economies and China.
Newheat equips Corrèze greenhouse with 7,000 m² of solar thermal collectors
French renewable heat provider Newheat has inaugurated the largest agricultural solar thermal plant in the country, supplying the Les Tomates d’Auïtou site with 5,400 MWh annually.
First Solar invests $330mn in new solar factory in South Carolina
First Solar launches a $330mn industrial project in Gaffney to add 3.7 GW of domestic solar capacity and create over 600 jobs, strengthening its manufacturing presence in the United States.
Ecopetrol acquires 0.6 GW solar portfolio from Statkraft for $157.5mn
Ecopetrol has finalised the acquisition of solar assets in Colombia from Statkraft for $157.5mn, adding more than 0.6 GW of installed capacity to its energy portfolio.
Kuwait launches tender for 500 MW solar project
The Kuwaiti government has invited six international consortia to submit bids for a new 500-megawatt solar project under phase III of the Al Shagaya complex.
Exowatt raises $50m to speed up solar unit deployment near AI data centres
Exowatt strengthens its capital to industrialise its P3 solar solution and meet the strong demand from AI-powered data centres across the United States.
Illinois clarifies county authority over solar siting
A new law passed by the Illinois Legislature strengthens counties' power over siting commercial solar projects in unincorporated areas, amid a legal dispute between Grundy County and the City of Morris.
T1 Energy injects $100mn to relaunch G2_Austin and accelerates G1_Dallas output
US-based T1 Energy strengthens its industrial footprint with two successive capital injections and prepares for the launch of its G2_Austin facility, while doubling production at its G1_Dallas site in the fourth quarter.
Velto Renewables takes full control of Les Îlots Blandin floating solar plant
Velto Renewables becomes the sole owner of Europe's largest floating solar power plant after finalising the transaction with Q ENERGY, strengthening its presence in France.
Voltalia commissions 126 MW Sarimay solar power plant in Uzbekistan
Voltalia has launched electricity production at Sarimay Solar, a 126-megawatt solar plant in Uzbekistan, marking a key milestone in the deployment of new photovoltaic capacity in the country.
rPlus Energies strengthens its portfolio with 900 MW of solar and storage projects in Idaho
rPlus Energies has completed the acquisition of two solar and storage projects totalling 900 MW in Ada County, reinforcing its position as a key energy player in the western United States.
Sattel secures licence for solar power plant in Kongo-Central
Sattel International receives a licence to develop a six MWp solar power plant with storage in Luozi, a project aimed at strengthening electricity supply and supporting economic activities in this area of Kongo-Central.
Sturdee Energy secures financing for Bela Bela solar project in South Africa
South African developer Sturdee Energy has secured funding to begin construction of the 91.2 MW Bela Bela solar plant in Limpopo Province, set to supply power to a major industrial site.
ReNew to invest $9.33bn in India in large-scale energy portfolio
ReNew Energy Global will commit INR820bn ($9.33bn) to solar, hydro and green ammonia projects in Andhra Pradesh, strengthening its footprint in southern India’s energy infrastructure.
mPower launches first automated production line for solar modules dedicated to space
US-based mPower has opened a high-throughput factory for solar modules targeting space missions, with an initial capacity of 1 MW per year, set to double by mid-2026.
Turbo Energy tokenises hybrid projects via Stellar blockchain to target EaaS market
Turbo Energy launches a pilot project in Spain to tokenize hybrid solar installations financing, leveraging Stellar and Taurus blockchain technology to access a $145.18bn EaaS market by 2030.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

START - 99$/year

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.