Zelestra Secures 16.2 MW Renewable Energy PPA with Daimler India

Zelestra, a Spanish renewable energy company, has signed a power purchase agreement to supply 16.2 MW of renewable energy to Daimler India Commercial Vehicles (DICV) for its manufacturing facility in Oragadam, Tamil Nadu. The deal will provide DICV with 29 GWh of renewable energy annually, utilizing a combination of wind and solar assets. This partnership highlights Zelestra's expertise in creating customized energy solutions tailored to the needs of industrial clients, as the company has a global portfolio of 28 GW across 13 countries. Zelestra's presence in India includes a pipeline of over 5 GW of clean energy projects in seven states, showcasing its commitment to expanding renewable energy in the region. The agreement underscores the growing trend of manufacturers seeking sustainable energy sources to power their operations. As companies like DICV aim to enhance their sustainability initiatives, partnerships with renewable energy providers like Zelestra are becoming increasingly essential.