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
US Army selects nine bases for future deployment of nuclear microreactors
Subsea7 reports 27% increase in adjusted EBITDA in third quarter
UK urged to choose between carbon capture and aviation fuels
Battery storage market projected to reach $99.67bn by 2033
Blackstone injects $1.2bn into West Virginia’s first natural gas power plant
Cypress Creek secures financing for 505 MW solar project in Texas
Cypress Creek Renewables begins construction of the Hanson Solar project in Texas, backed by structured financing combining debt and equity, to support the ERCOT grid and supply Meta’s operations.
India’s solar industry enters critical phase of forced consolidation
Facing massive overcapacity, US tariff pressures and rapid technological change, India's solar module sector is preparing for major industrial restructuring dominated by a few integrated groups.
Econergy connects 52MW solar park in Poland under contract with Apple
Econergy has connected its 52MW solar project in Resko, Poland, to the grid, supported by a 19-year virtual power purchase agreement signed with Apple.
Green Growth and K2 convert a FIT solar plant to FIP with storage
Green Growth and K2 Holdings begin converting a solar park to an FIP scheme, including battery installation, to improve profitability in a region heavily affected by production curtailment.
Arevon launches $200mn solar plant construction in Illinois
Arevon Energy has initiated construction of its first utility-scale solar project in Illinois, with a 124-megawatt capacity and $200mn in private investment to support U.S. energy demand.
Neoen divests 760 MW of operational assets to Plenitude in France
French renewable energy producer Neoen has signed an agreement with Plenitude to sell 52 assets totalling 760 MW of capacity on the French market.
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.

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.