Sonnedix swoops on 118MW Italian solar

• Portfolio includes 2 projects on Sardinia due online in H2 2023 as well as H1 2024

Solar energy producer Sonnedix has completed the acquisition of a 118MW portfolio of solar projects in Italy, from Graziella Holding and other minority sellers.

The portfolio makes up 2 solar PV projects, Sonnedix Cagliari, which is 69.5 MW, and also Sonnedix Nuoro, which is 48.3 MW, both situated on the island of Sardinia.

Both go to the ready-to-build stage and are expected to begin operations by the 2nd fifty percent of 2023 and also the initial half of 2024.

When constructed, they will take advantage of a feed-in tariff from Gestore dei Servizi Energetici.

"This procurement shows our long-lasting commitment to the Italian market", said Axel Thiemann, CEO of Sonnedix, that added, "and also to pressing the energy transition forward.

"It's a really amazing moment in the industry, and we have all intents to come to be a true leader in this transition, broadening our existence in the country, as well as throughout other OECD markets".

Sonnedix has a complete capacity of over 1.6 GW in Italy, of which 293MW corresponds to plants in operation, and also over 1.3 GW in the development pipeline.