Sonnedix, Statkraft ink Italian solar power play

May 18, 2023 11:42 AM ET
  • 10-year agreement covers a combined 48GW/y of clean electricity from two plants in Lazio
Sonnedix, Statkraft ink Italian solar power play

Sonnedix as well as Statkraft have actually authorized pay-as-produced power purchase agreements (PPAs) for a portfolio of solar projects in Italy.

Under the 10-year agreement Sonnedix will supply Statkraft with a combined 48 gigawatt-hours/year of solar electricity.

The portfolio, which includes two solar plants with an overall capacity of 34MW, has actually currently begun building around Lazio, west-central Italy.

This purchase marks the 2nd partnership for Sonnedix as well as Statkraft in Italy and also the third partnership in Europe.

Last July, both firms authorized PPAs for a solar portfolio in Italy with a total capacity of 22MW.

" Our development in the Italian market is made feasible by the invaluable collaboration of partners, such as Statkraft, who share our vision for a brighter and sustainable future" said Axel Thiemann, Chief Executive Officer of Sonnedix.

" By broadening our operations, we can reinforce our duty as a reputable renewable resource producer of green electricity for the communities we serve."

Simon Kornek, VP South Europe Origination, at Statkraft, included: "Statkraft is delighted to continue its development course as a major PPA supplier in Italy as well as happy to be a reputable companion for Sonnedix."

Sonnedix has actually been present in Italy because 2010 and also currently has over 2GW of capacity in projects under procedures, construction, and also different development phases in the country.

Solar Installers, Manufacturers