Zelestra, Eco Wave Power, Bloom Energy, among others, announced their renewable energy projects.
Tesla signs PPA with Zelestra
Tesla has signed a power purchase agreement (PPA) with Zelestra, a renewable energy company, to secure a long-term supply of renewable energy for its operations. Zelestra will provide Tesla with approximately 130 GWh of renewable energy annually through a 57 MWac PPA. The energy will be sourced from three solar plants — Brazatortas I, II, and IV — located in Ciudad Real, Castilla-La Mancha, Spain. These projects have a combined capacity of more than 74 MWdc and are expected to produce 146 GWh per year. Construction of the solar plants began immediately after the PPA was finalized, highlighting Zelestra’s ability to execute large-scale renewable projects efficiently.
Eco Wave Power and BPCL sign agreement
Eco Wave Power and Bharat Petroleum Corporation (BPCL) signed a Memorandum of Understanding (MoU) to develop wave energy in India. India has an estimated 40,000 MW of untapped wave energy potential along its coastline. BPCL will manage regulatory approvals, while Eco Wave Power will provide its wave energy technology. The first phase includes a 100 KW pilot project at BPCL’s Mumbai Oil Terminals, with plans for larger installations. This collaboration supports India’s renewable energy goals and BPCL’s target to achieve net zero emissions by 2040.
Lucid Group promotes Emad Dlala
Lucid Group announced the promotion of Emad Dlala to Senior Vice President of Powertrain. He will oversee powertrain development, including drive units, power electronics, and batteries. Dlala has played a key role in advancing Lucid’s electric vehicle technology, achieving high efficiency and range in the Lucid Air and Lucid Gravity models.
Bloom Energy and Chart Industries Partner for Carbon Capture
Bloom Energy and Chart Industries announced a partnership to develop carbon capture for power generation. This solution provides industries like data centers and manufacturers with low-emission, always-on power. Chart will process Bloom’s CO₂ exhaust stream for utilization or storage. Bloom’s fuel cells generate electricity without combustion, producing a CO₂-rich stream that makes carbon capture easier and less costly.