Search
Sonnedix switches on 40MW Japan solar
Sonnedix has achieved commercial operation of a 40MW solar plant in Japan.
The Soma solar plant is the ninth large-scale solar project fully managed via the advancement, financing, and building phase by Sonnedix Japan, for the Sonnedix Group.
Soma brings the operating capacity of the Sonnedix Group's Japanese portfolio to 400MW.
Situated in the city of Soma, Fukushima prefecture, the plant is anticipated to create 48,700 megawatt hours of clean power throughout its very first full year of operation.
The electrical power produced by the solar plant will certainly be sold through an 18.5-year plus Power Purchase Agreement (PPA).
" Getting to 400MW operational capacity is a notable landmark in our Japan development method as well as is one that we intend to go beyond very soon," stated Axel Thiemann, CEO of Sonnedix.
" Sonnedix is devoted to the Japanese market; we are proactively looking for chances to increase our global impact as well as push forward the energy shift."
Sonnedix Japan, in behalf of Sonnedix Group, manages a complete capacity that consists of projects unfinished and growth of around 500MW.
Sonnedix Soma stands for the 3rd EPC cooperation with Daiwa House Industry.
The solar plant makes use of Hanwha monocrystalline modules and also TMEIC inverters.
Daiwa House will likewise perform procedures and maintenance solutions for the solar PV plant.
Mar 1, 2022 // Plants, Japan, Sonnedix, Axel Thiemann, Asia, PV Power Plant
Sonnedix inks Spanish solar PPA
Sonnedix has actually signed a 10-year Spanish solar energy purchase agreement (PPA) with data centre operator Equinix for 150MW of capacity.
The PPA is Sonnedix's largest transaction signed to date in Europe and it covers a portfolio of 3 solar plants in Cuenca, approximately Castilla-La Mancha.
The solar plants are expected to be functional by the end of 2024.
Throughout the 10-year regard to the PPA, the PV plants will certainly create 240,000 MWh of green electrical energy and also Assurances of Origin yearly.
Axel Thiemann, Chief Executive Officer of Sonnedix, claimed: "We are extremely fortunate to collaborate with Equinix as we continue to broaden sustainably in Spain, where we have more than 800MW of operating capacity.
" This deal adds to our increasing conversion journey at Sonnedix, showing we can run at scale and develop the relationships that enable us to do so consistently."
Sonnedix has a total capacity of over 9.4 GW worldwide, including a development pipeline of more than 6GW, with 1.32 GW in Spain alone.
For more than a decade, Sonnedix has been dedicated to assisting Spain obtain its renewable resource targets, and adding to turning into one of Europe's leaders in the energy shift.
On this deal, Sonnedix was encouraged by Watson Farley Williams as legal consultant.
Equinix is an electronic framework company that operates greater than 240 data centres throughout 32 countries.
May 4, 2023 // Markets & Finance News, Spain, PPA, Sonnedix, Axel Thiemann, Europe
Sonnedix gets 18MW Chile solar duo
power manufacturer Sonnedix has actually finished the acquisition of two solar PV plants completing 18MW in Chile.
The two sites, gotten from Distributed
Dec 21, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Sonnedix, Axel Thiemann, Chile, South america
Sonnedix inaugurates Spanish solar farm
Sonnedix has inaugurated a 50MW solar plant in Badajoz, Spain.
The ceremony was attended by over 50 guests, with representatives from local and regional government consisting of: Samuel Ruiz, Industry, General Director for Industry, Energy and also Mining of the local Government of Extremadura, Eladio Buzo, Economy as well as Treasury Councillor of Badajoz City Council, Jorge Amiano, as well as Sonnedix's Head of Engineering & Construction. Gerson González, Director of Sonnedix España, cut the ribbon, officially inaugurating the solar PV plant.
Sonnedix Los Frailes, which has actually functioned since December 2022, is improved 111 hectares of land, with over 110,000 monocrystalline solar panels, and a transmission line to the Vaguadas substation.
During construction, Sonnedix produced about 250 new jobs in Badajoz, in accordance with its ESG requirements and also commitment to the local economy and also neighborhood.
In June 2020, Sonnedix authorized a 10-year PPA with Europe's largest manufacturer of renewable resource, Statkraft, for the supply of 100GWh of energy each year, making it Sonnedix's very first PPA for a grid-parity project in Spain.
González claimed: "This plant is the first project that Sonnedix España has completely created and integrated in Spain, along with dealing with its management, procedures as well as maintenance.
" It is, for that reason, a symbol of our combination in the marketplace as a leading renewable resource manufacturer. We are extremely pleased to be sharing and also commemorating this milestone with numerous partners, clients as well as buddies today."
Apr 21, 2023 // Plants, Large-Scale, Commercial, Spain, Sonnedix, Europe, solar farm
Sonnedix scoops 1GW Polish PV pipeline
Sonnedix has obtained Polish solar programmer Sun Power Energy, which has a 1GW growth pipeline throughout the nation.
The Poland acquisition brings Sonnedix's total capacity of running assets and projects under growth and building and construction to over 6.5 GW worldwide.
Poland is the independent power producer's second market entry within three months, following its first German acquisition, which has a 5.6 MW operational profile, in December 2021.
Sonnedix is currently existing in 6 European countries, in addition to its procedures in Chile, the US as well as Japan.
Sonnedix chief executive Axel Thiemann said: "The Sun Power Energy platform acquisition aligns flawlessly with our growth approach for Europe; we are acquiring an excellent neighborhood team and an excellent pipeline as a catalyst for our ambitious development approach for Poland.
" The strong harmony with our core capabilities implies we will jointly be able to increase the conversion of the pipeline, drive additional growth, as well as provide a long-lasting commitment to the Polish energy transition.".
Sun Power Energy's managing supervisor Justyna Nesteruk joins Sonnedix as head of growth as well as representative director for Poland.
Nesteruk stated: "Sonnedix is a perfect match, offering us with the possibility to broaden the growth of solar projects as well as to operate these assets for the long-term.
" We are delighted to enter into Sonnedix and will work together to build a brilliant future.".
The solar worldwide IPP is proactively seeking more growth opportunities through the acquisition of both operational as well as growth projects.
Sonnedix was encouraged by Santander (monetary), CMS (legal), and DNV (technological) while Sun Power Energy was recommended by DWF (lawful).
Mar 8, 2022 // Markets & Finance News, Poland, Sonnedix, Axel Thiemann, Europe, Sun Power Energy
Sonnedix powers up 50MW Spanish solar
Sonnedix has achieved commercial operations at its 50MW Sonnedix Los Frailes solar farm in Spain.
The project, which lies in Badajoz in southwest of Spain, spans 111 hectares of land and connects to the Vaguadas substation.
It is anticipated to create around 102GWh annually, which is the comparable to powering more than 30,000 homes with clean electrical power as well as avoiding roughly 16,000 tons of co2.
Sonnedix Los Frailes was developed with Mytilineos as the primary EPC Contractor and developed by Viridi RE team in partnership with Sonnedix's development team.
Sonnedix said it has over 1GW of capability in Spain, including over 600MW operational, 60MW unfinished and a development pipeline of practically 400MW.
Sonnedix chief executive officer Axel Thiemann said: "Seeing this pertained to fulfillment is terrific, specifically knowing the obstacles our team had to go with these past number of years with the pandemic, supply chain concerns, and also uncertainty.
" Our group was able to take care of misfortune to proceed our commitment to the Spanish market, whose function in the energy transition is remarkable."
Dec 29, 2022 // Plants, Large-Scale, Commercial, Spain, Sonnedix, Axel Thiemann, Europe, solar farm
Sonnedix acquires Spanish solar farm
Sonnedix has actually acquired a solar PV plant located in Herencia, Ciudad Real from Impax Asset Management.
Fraile, a 36MWp plant, which lately accomplished its commercial procedure date, is expected to generate 78GWh of clean electrical energy during its first year of procedure.
This is the equivalent of powering over 23,000 homes, preventing the emission of virtually 12,000 tonnes of CO2 each year.
The plant is powered by Canadian Solar modules, PV Equipment trackers, and JEMA inverters. ELMYA was the designated EPC service provider and also will certainly additionally work as the Operations and Maintenance (O&M) for the first two years.
The sales process was handled by PWC. Impax was counselled by Gomez-Acebo & Pombo, and also Sonnedix was counselled by Ashurst.
This is the 4th acquisition by Sonnedix in Spain in 2022, where it presently manages 181 solar projects with an overall capacity up to 1GW, and also an overall functional capacity of almost 600MW.
" I am thrilled to see the growth of our impact in Spain, where we have actually been present given that our starting in 2009," claimed Axel Thiemann, CEO of Sonnedix. "Our team has done a phenomenal job towards interacting to optimize our portfolio as we evolve as key players in the Energy Transition in Europe."
Carsten Johansen, Head of the PE/Infrastructure Transaction Team at Impax, specified: "Impax is proud to be a well-known investor in the Spanish renewables market. We delight in to bring these 36MWp right into operation, and happy to be partnering again with Sonnedix."
Nov 14, 2022 // Plants, Large-Scale, Commercial, Spain, Sonnedix, Europe, solar farm
Sonnedix swoops on 118MW Italian 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
Aug 18, 2022 // Plants, Large-Scale, Commercial, Italy, Sonnedix, Europe, PV Power Plant
Sonnedix Acquires 416MWp Solar in Chile
Sonnedix, a global solar independent power producer, has acquired a 416MWp solar photovoltaic (PV) portfolio in Chile from Enel Chile. The acquisition comprises of four operating PV plants, Diego de Almagro, Carrera Pinto, Pampa Solar and Domeyko; the addition of these projects brings Sonnedix’s total capacity in Chile to 2.5GW. The projects are located in the north of Chile and were operational since 2014, 2016, 2022 respectively. The transaction also includes the refinancing of Sonnedix’s largest operational utility scale project in Chile. This will enable Sonnedix to produce enough green electricity to power over 530,000 Chilean homes and avoid 460,000 metric tonnes of CO2 annually. The deal was funded by a US$624m acquisition financing facility with BNP Paribas, SMBC and Société Generale.
What Impact Has Sonnedix's Acquisition in Chile Had?
The acquisition has enabled Sonnedix to increase its total capacity in Chile to 2.5GW, producing enough green electricity to power over 530,000 Chilean homes.
The deal was funded by a US$624m acquisition finance facility, which has allowed Sonnedix to refinance its largest operational utility scale project in Chile.
The projects are expected to avoid 460,000 metric tonnes of CO2 annually, contributing significantly to Chile's commitment to reduce its carbon emissions.
The acquisition has provided a major boost to Chile's renewable energy sector, as the projects are expected to generate over 1,500 jobs during their construction and operations.
The acquisition represents a major milestone in Sonnedix's expansion strategy in the Latin American region, as this is the company's largest solar project to date.
Oct 25, 2023 // Markets & Finance News, Sonnedix, Chile, South america
Sonnedix Japan starts up 27MW solar plant
Sonnedix Japan has attained business operation of a solar plant.
The 26.5 MW Tanabu solar plant is the 8th large-scale solar PV project fully handled via advancement, funding, as well as construction phases by Sonnedix Japan, for the Sonnedix Group.
The electrical power produced by the solar plant will certainly be offered through an 18-year plus power purchase agreement (PPA).
Tanabu brings the operating capacity of Sonnedix Group's Japanese portfolio to 360MW, with an additional 55MW anticipated to reach industrial operation throughout the very first half of 2022.
" 2022 will certainly see continued development of our solar platform in Japan, as we expect to bring two more solar PV plants to operation in the very first fifty percent of this year, structure on our development in 2021," said Axel Thiemann, CEO of Sonnedix.
" This is a testament to Sonnedix's dedication to the Japanese market, as we remain to proactively seek possibilities to expand our worldwide footprint as well as push forward the energy shift."
Sonnedix Tanabu stands for the 2nd EPC cooperation with Juwi Shizen Energy, which will certainly perform procedures as well as upkeep solutions for the solar plant.
Feb 8, 2022 // Plants, Japan, Sonnedix, Axel Thiemann, Asia, PV Power Plant
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.
May 18, 2023 // Markets & Finance News, Italy, Sonnedix, Europe, Statkraft
Sonnedix, Cox Launch 160-MW Chile Solar Plant
Sonnedix and Cox Energy have launched operations at the 160-MWp Meseta de los Andes solar plant in Chile. Construction work was initiated in June 2021 and was finalized in Spring 2023. The two companies secured USD 120 million in financing from Sumitomo Mitsui Bank Corporation to build the project. Sonnedix has a commitment to the Chilean market and currently has almost 1.6 GW of total renewable development pipeline in the country, and almost 700 MW of capacity in operation.
What Financing Did Sonnedix Secure?
Sonnedix secured USD 120 million in financing from Sumitomo Mitsui Bank Corporation to build the Meseta de los Andes solar plant.
The financing was used to initiate construction work in June 2021, and finalize the project in Spring 2023.
The 160-MWp Meseta de los Andes solar plant is a joint venture between Sonnedix and Cox Energy.
Sonnedix currently has almost 1.6 GW of total renewable development pipeline in Chile, and almost 700 MW of capacity in operation.
Jun 29, 2023 // Plants, Sonnedix, PV Power Plant, cox energy
Equinix and Sonnedix Fuel Portugal's Energy Transition
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.
Dec 5, 2023 // Markets & Finance News, PPA, Sonnedix, Equinix
Sonnedix Secures 11-Year Solar PPA in Spain
happened?
Sonnedix has signed an eleven-year renewable energy power purchase agreement (PPA) with one of the main energy groups in Europe. The PPA will provide
Feb 27, 2023 // Markets & Finance News, Spain, PPA, Sonnedix, Europe
Sonnedix gets solar project in Chile from Andes Solar
solar power manufacturer (IPP) Sonnedix has actually obtained a 160MW solar photovoltaic (PV) project in Chile from Andes Solar, a renewable energy
Nov 26, 2020 // Plants, Large-Scale, Commercial, Sonnedix, Axel Thiemann, Chile, South america, solar PV plant, Andes Solar













