Zelestra Signs Long-Term PPA for Solar and Energy Storage Project in Chile

Credit:Zalestra

Zelestra has secured a long-term power purchase agreement (PPA) for the sale of electricity from a 220MWdc plant and a 1GWh battery energy storage system in Chile. The agreement is with Abastible, a Chilean company involved in the commercialization of liquefied gas and the promotion of electricity sales to its customers.

This PPA marks a key milestone in Abastible's sustainability strategy, ensuring a reliable nighttime supply of renewable energy, which will allow the company to expand its carbon-free energy portfolio. The hybrid solar and storage plant, currently under construction, is expected to generate around 600GWh of renewable electricity annually, equivalent to the yearly consumption of 200,000 Chilean households. The project will play a significant role in Chile's efforts to decarbonize its energy sector.

José Luis García, CEO of Zelestra Latam, stated: “This contract with Abastible is a clear example of how Zelestra creates customized energy solutions to support our customers with carbon-free renewable energy. We are proud to partner with Abastible, providing clean and sustainable energy that allows them to advance product development in pursuit of sustainability and emissions reduction for their customers.”

Ignacio Mackenna, General Manager of AbastibleTec, also commented: “This agreement with Zelestra reinforces our position as a relevant player in the commercialization of renewable electricity in Chile. With this contract, we advance our mission to provide renewable energy for our customers by accompanying them on the path to the country's energy transition.”

The hybrid plant is a significant addition to Chile's growing renewable energy sector, with its focus on delivering clean power for both day and night consumption.

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