Sonnedix, Statkraft indicator PPAs for solar energy in Italy

• Global independent power manufacturer (IPP) Sonnedix Power Holdings Ltd said on Tuesday that it has actually signed ten-year power acquisition arrangements (PPAs) with Norway's Statkraft AS in Italy.

Under the "initial four carried out PPAs", the Norwegian state-owned utility will certainly off-take 36 GWh annually from a number of solar PV ranches that Sonnedix is about to integrate in main and north Italy, the IPP claimed. The plants will have 22 MWp of incorporated capacity.

The PPAs have a pay-as-produced settlement structure.

Sonnedix has actually been running in Italy since 2010. At present, the company has over 1.6 GW of solar PV jobs in operation, building and advancement in the nation.