Celepsa And Zelestra Sign Long-Term Power Purchase Agreement For 238 MWdc Solar Project In Peru

Celepsa, a power generation and marketing company that is part of the UNACEM Group and operates with an international presence, has signed a power purchase agreement (PPA) with Zelestra, a global renewable energy company focused on multi-technology solutions and customer-driven approaches. This agreement secures the supply of renewable energy for Celepsa’s operations in Peru.

Under the terms of the long-term PPA, Zelestra will supply approximately 450 GWh of renewable energy annually to Celepsa. This initiative is aligned with Zelestra’s commitment to supporting its customers in the decarbonization of their operations, while also helping Celepsa strengthen its focus on sustainability and energy efficiency.

The PPA will support the development of a new 238 MWdc solar power project in Peru. This project will add to Zelestra’s growing portfolio in the country, which already includes the San Martín solar project, scheduled to begin operations in the coming months. With the addition of the new solar project, Zelestra’s contracted capacity in Peru will exceed 530 MWdc.

José Luis García, CEO of Zelestra Latam, stated, “This agreement reflects our firm commitment to work strategically with our customers to offer tailor-made solutions, as well as our commitment to the Peruvian market. We are proud to contribute to the reduction of carbon emissions in the country and to promote continued socio-economic development through the delivery of new projects and the creation of new jobs.”

Eduardo Rivas, General Manager of Celepsa, said in a statement, “This agreement reinforces our commitment to the energy transition and is a strategic step that allows us to build a diversified renewable portfolio for our customers. In addition to the purchase of solar energy, the contract includes I-REC certificates, guaranteeing the renewable origin of the energy.”

Peru remains a key market for Zelestra’s growth strategy, and the company is committed to assisting the country’s transition towards a more sustainable energy future. For Celepsa, which is also pursuing similar agreements and developing its own portfolio of renewable projects, this PPA marks an important milestone in the advancement of its sustainable growth plan within the energy sector.