Zelestra and Daimler India Ink PPA for 16 MW Clean Energy Supply

26 Mar 2025 CW Team

Spain-based Zelestra has entered into an agreement with Daimler India Commercial Vehicles (DICV) for the supply of 16.2 MW of clean energy from its renewable energy project in Tamil Nadu. The power purchase agreement (PPA) will enable DICV to source green energy for its manufacturing facility in Oragadam, near Chennai.

Zelestra is currently developing a 149 MW hybrid renewable energy project, incorporating both wind and solar power, near Chennai. The agreement with DICV, a wholly owned subsidiary of Germany’s Daimler Truck AG, aligns with the company’s goal of enhancing sustainability in its manufacturing operations. The Oragadam facility produces commercial trucks and luxury buses under the BharatBenz brand, along with Daimler Trucks' FUSO, Mercedes-Benz, and Freightliner models.

With a strong presence in India’s renewable energy sector, Zelestra has an active development pipeline of 5 GW, of which 2.8 GW has already been contracted. The remaining capacity is expected to be secured by the end of 2026. The company operates a global portfolio of 28 GW across 13 countries, focusing on the development, commercialization, construction, and management of large-scale renewable energy projects.

The agreement with DICV reflects the growing adoption of renewable energy by industrial and automotive manufacturers in India, contributing to the country’s broader clean energy transition.

News source: Outlook Business

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