Zelestra completes 162 MW Belinchón solar cluster in Spain ahead of schedule, powering pharmaceutical decarbonization

Zelestra, a global renewable energy company, has successfully commissioned the 162 MW Belinchón solar cluster in Cuenca, Spain, delivering the project ahead of schedule in under 14 months. The three-plant project is backed by a long-term multi-buyer power purchase agreement (PPA) facilitated through the Energize program, managed by Schneider Electric, which brings together major pharmaceutical companies to address Scope 2 and 3 emissions. The project supported approximately 400 jobs during construction and is expected to avoid over 42,700 tons of CO2 emissions annually. This development strengthens Zelestra's position in the Spanish market, where it has 1.1 GW of contracted projects and a pipeline exceeding 7 GW.

Counterparts (9)

Developer

Zelestra

company · 2 deals

Zelestra is a clean energy solutions provider that co-creates with leading companies. They focus on solar, battery energy storage, wind, and hydrogen projects to decarbonize their partners' operations.

Offtaker

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Takeda Pharmaceuticals International AG

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Teva Pharmaceutical Industries

company

Tel Aviv-based global pharmaceutical company with 125 years of operation, focused on innovative medicines, generics, and biosimilars across neuroscience and immunology therapeutic areas. Operates worldwide with manufacturing and R&D facilities globally.

A

Avantor

company

W

West Pharmaceutical Services Inc.

company

Perrigo

company

Dublin-based consumer self-care company manufacturing over-the-counter pharmaceuticals and health products. Operates globally with manufacturing and distribution across North America, Europe, and Australia/NZ, serving retail markets with private-label and branded healthcare products.

UCB

company

New York-based comedy theater and training center founded in 1996 with venues in Los Angeles and New York. Operates as an entertainment and education company focused on improv, sketch, and stand-up comedy performances and classes.

O

Organon LLC

company

Partner

Schneider Electric

company

Schneider Electric is a global company focused on energy management and automation solutions. They provide technologies and services to improve energy efficiency, sustainability, and reliability across various sectors, including buildings, infrastructure, industry, and data centers.