Zelestra, Celepsa Ink Deal for 238-MW Peru Solar Project

• Zelestra and Celepsa join forces to power Peru's future with a 238-MW solar park, boosting renewable energy and sustainability.

Zelestra, a Spanish renewable energy company, has secured a long-term power offtake agreement with Peruvian power producer and energy trader Celepsa. This deal will enable the development of a 238-MWdc solar park in Peru, marking a significant step in expanding the country's renewable energy capacity.

The agreement underscores the growing collaboration between international and local energy firms to harness Peru's solar potential. The project aligns with global trends towards sustainable energy solutions and is expected to contribute significantly to Peru's energy mix, supporting the country's environmental goals and energy independence.

How will Zelestra and Celepsa's agreement impact Peru's renewable energy landscape?

• Increase in Renewable Energy Capacity: The agreement will add 238 MWdc of solar power to Peru's energy grid, significantly boosting the country's renewable energy capacity.
• Economic Growth: The development of the solar park is likely to create jobs and stimulate economic activity in the region, contributing to local and national economic growth.
• Energy Independence: By expanding its renewable energy resources, Peru can reduce its reliance on imported fossil fuels, enhancing energy security and independence.
• Environmental Benefits: The solar park will help reduce carbon emissions and support Peru's environmental goals, contributing to global efforts to combat climate change.
• Technological Advancement: The collaboration may lead to the transfer of technology and expertise from Zelestra to local partners, fostering innovation and development in Peru's renewable energy sector.
• Strengthened International Partnerships: The agreement highlights the potential for further international collaborations, positioning Peru as an attractive destination for foreign investment in renewable energy.
• Alignment with Global Trends: The project aligns with global trends towards sustainable energy solutions, reinforcing Peru's commitment to transitioning to a low-carbon economy.