Equinix and Sonnedix Fuel Portugal's Energy Transition
- Equinix and Sonnedix have jointly signed a 10-year PPA for 149MW of solar power from the Douro PV project. This marks Sonnedix's largest PPA in Europe and Equinix's commitment to becoming climate neutral by 2030. Both companies are leading the charge to a more sustainable energy future.
Sonnedix and Equinix have signed a 10-year pay-as-produced power purchase agreement (PPA) for 149MW of solar power to be generated from the Douro PV project in Tarouca, Portugal. This follows an earlier PPA in Spain, representing Sonnedix’s largest PPA to date in Europe. Both companies are committed to accelerating the energy transition, as evidenced through this agreement. Tailored and cost-effective PPAs are a cornerstone of Sonnedix’s strategy, while Equinix is aiming to become climate neutral by 2030. Carlos Paulino, Equinix Managing Director in Portugal said they plan to continue seeking opportunities to support renewable power generation. Axel Thiemann, CEO of Sonnedix said they are pleased to extend their relationship with Equinix and establish their commercial presence in Portugal.
What Opportunities are Sonnedix and Equinix Pursuing in Portugal?
- The Douro PV project will provide clean, renewable energy to both Sonnedix and Equinix.
- Equinix is looking to become climate neutral by 2030 and is seeking renewable energy opportunities to help achieve this goal.
- Sonnedix’s power purchase agreement is their largest in Europe to date and they are pleased to extend their relationship with Equinix to Portugal.
- Equinix and Sonnedix are committed to accelerating the energy transition and supporting renewable power generation.
- Tailored and cost-effective power purchase agreements are a cornerstone of Sonnedix’s strategy.
