Tesla will buy around 1 TWh per year of electricity from ContourGlobal’s hybrid solar and storage project in the US state of Arizona, which is due to begin commercial operations in 2028.

Tesla signed a power purchase agreement with KKR-backed Stellar Renewable Power for a 1 GW solar and 4 GWh battery storage facility in Arizona.

KKR-backed independent power producer ContourGlobal has signed a long-term power purchase agreement (PPA) with Tesla Inc (NASDAQ:TSLA) to supply about 1 TWh of electricity…