Tesla Buys the Entire Output of a New 140 MW Texas Solar Farm
The 90% supply deal gives Tesla predictable power from a 509-megawatt solar plant with 360 megawatts of battery storage.
- Tesla Inc. signed a long-term agreement with developer ContourGlobal for a new solar and battery project in Arizona, marking the company's first partnership with the KKR-backed firm.
- Separately, Tesla expanded its renewable engagements by signing a power purchase agreement with Zelestra for the 140-MWac Lumen Farm solar project in Texas, the second deal between the two companies.
- Zelestra confirmed that Tesla is taking 'the entire output' of the project, with construction starting in 2027 and full operations anticipated by 2029.
- As US grids face unprecedented demand growth from data center expansion, Tesla uses strategic power agreements to reliably supply its diverse operations, from Gigafactory Texas to its expanding artificial intelligence infrastructure.
- Tesla's internal solar business has struggled since its 2016 acquisition of SolarCity, leading the manufacturer to pivot toward grid-scale battery solutions like Megapack instead of residential deployments.
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Tesla signed a long-term agreement to purchase electricity from ContourGlobal, a solar and battery plant in Arizona supported by KKR, according to press release. Exclusive material for subscribers. To have full access, access the material link and register.
Tesla to Buy Power From KKR-Backed Arizona Solar, Battery Plant
Tesla buys the entire output of a new 140 MW Texas solar farm
Tesla has signed a long-term power purchase agreement to buy the entire output of a 140-MWac solar farm being built in northeast Texas. The plant, called Lumen Farm, is being developed by Zelestra, an EQT-backed renewable developer. Construction is expected to start in 2027, with the farm going online in 2029.
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Tesla and Zelestra Agree to a Long-term Solar PPA in Texas
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Zelestra has extended its commercial agreement with Tesla in different markets with the signing of a new 140 MWac energy sales contract (PPA) for the Lumen Farm solar project in Texas. On the other hand, in 2024 Zelestra signed a 57 MWac PPA with Tesla for the production of the Brazatortas I, II and IV solar plants in the Castilla-La Mancha region (Spain). Zelestra plans to start the construction of Lumen Farm, located in northeastern Texas, in …
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