Zelestra initiates construction of 242MWdc solar plant in Peru

Core Insights - Zelestra has commenced construction on the Babilonia solar facility, a 242MWdc project in Arequipa, Peru, as part of the larger La Joya solar complex, which aims for nearly 700MWdc total capacity [1][2] - The project is backed by a long-term power purchase agreement (PPA) with Celepsa, ensuring a reliable energy supply for various clients in Peru [2][4] - The facility will utilize 394,000 bifacial solar panels and is expected to start commercial operations in the first half of 2027, generating renewable energy for approximately 350,000 homes [3] Company and Industry Developments - The construction of the Babilonia facility is projected to create over 500 jobs, primarily sourced from the local workforce, contributing to economic development [3] - Zelestra's CEO emphasized Peru as a key market, highlighting the company's commitment to large-scale, reliable energy projects that support the energy transition and local communities [4] - The La Joya complex includes the San Martín solar project, operational since 2025, which is Peru's largest solar installation at 300MW, with an additional 125MW project also in progress [2]