Tesla has signed a power purchase agreement (PPA) with Zelestra in Spain, ensuring a long-term supply of renewable energy for the automotive company's operations. The 57MWac agreement will provide Tesla with approximately 130GWh of renewable energy annually.
The energy supply will come from three solar plants located in Ciudad Real, Castilla-La Mancha, namely Brazatortas I, II, and IV. These projects, which are expected to produce 146GWh annually, have a combined total capacity of over 74MW (dc). Construction on the solar plants is already underway following the completion of the agreement.
Ivan Nieto, Zelestra's chief commercial officer, commented on the deal: “We are excited about this agreement with Tesla, which will allow us to supply clean energy to the automotive industry, and proud to reinforce our role as a partner offering tailored, carbon-free solutions around the world and across all sectors.