Zelestra and EDP have inked a long term power purchase agreement (PPA) in Spain. The agreement combines large-scale solar and battery storage projects and technologies. Under the agreement, Zelestra will build a project consisting of 170 MWdc of solar capacity and 400 MWh of battery storage. The project will be located in Trujillo, Extremadura, Spain.
Construction of the project will commence in the second half of 2025. Furthermore, it is designed to ensure that the battery can always be fully charged daily by the solar plant in all weather conditions. The total expected production in Trujillo will be around 300 GWh, and it will prevent carbon emissions of over 40,000 tonnes each year.
Earlier in July 2025, Zelestra, through a $282 million project financing package, achieved financial close of the Aurora project in Chile. The financing package has been agreed with Natixis CIB and BNP Paribas, with a VAT facility granted by BCI. The project includes approximately 1 GWh of energy storage and a 220 MWdc solar plant.
