The Co-Powered Podcast - A view from our CEO Leo Moreno: 2025 review and 2026 outlook
In the latest episode of Co-Powered, the Zelestra Podcast, our CEO Leo Moreno reflects on the decisions that shaped a pivotal year for Zelestra in 2025, and the strategy guiding the company forward as we embark on the year ahead. The conversation touches on how strategy turns into execution, what it takes to build a truly customer-focused, multi-technology platform, and why focus and scale matter in today’s energy landscape. Looking ahead, Leo shares his views on growth, long-term partnerships, and the role of people and culture in sustaining momentum.
Hear the views of Zelestra's CEO, Leo Moreno, in a new episode of the Zelestra's Co-Powered Podcast.
In a wide ranging conversation, Leo explores a host of topics covering all things Zelestra and global renewable energy sector trends.
From a look inside the meetings and conversations with clients that delivered incredible successes in 2025 (signing 3 GW of agreements with customers globally), the view for 2026 (focus on US and Europe and and up to 3 GWh of energy storage to start construction), to the exponential growth of AI and how that will shape the renewables sector, the role of wind and storage in delivering 24/7 clean energy solutions, and the sharp focus on grid resiliency.
Leo highlights that 2025 was the year that Zelestra turned strategic choices into tangible success.
Our customer-focused strategy yielded results – 3 GW of new long-term agreements secured – becoming a top tier global developer.
We proved that Zelestra is a genuine multi-technology company – with solar, BESS and wind successes - and this is a competitive advantage.
A very important decision was made to focus on Europe and the US.
Going forward – Leo discusses his vision of the new Zelestra.
In 2026, he points out that Zelestra has four main targets:
Growth. To cement global customer relationships to deliver further growth - additional 2.7 GW to be contracted in Europe and the US in 2026.
Execution. 2.5 GW anticipated in operations or construction in US and Europe, building on our flawless execution to date.
Advancing our multi-technology journey. 3 GWh of energy storage to start construction, as well as a major wind project.
We will achieve scale in Italy and Germany, key growth markets, establishing “gigawatt-level” markets in both countries.
Here you can listen to the Full Episode: The Co-Powered Podcast with Leo Moreno
Or explore the individual chapters here:
00:00 - Introduction
00:49 - 2025: Zelestra's performance and achievements
03:22 - Multi-tech expansion and first BESS solutions in Spain and Latin America
06:53 - Evolution in customer needs and product design
08:18 - BESS technology and its role in the energy system
10:57 - Growth in the Italian market and outlook
13:32 - Germany in 2025 and future growth plans
15:33 - Outlook in the US and the influence of data centres
18:47 - How renewable energy remains a key component of meeting future demand growth
22:54 - Grid resiliency and industry lessons learned from the blackout in Spain
26:40 - Wind energy and its role in Zelestra’s multi-tech strategy
28:46 - Zelestra’s 2026 strategy for growth and key ambitions
31:58 - People focus – team successes and outlook for 2026
35:08 - Our EPC expertise and why it is a critical component of our reliable partner focus
39:23 - Digital innovation – a key differentiator for Zelestra and a platform for growth
42:43 - Key messages for the team as we co-build a successful year for customers and the company in 2026
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