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Sonnedix closes money for 34MW Japan PV
Sonnedix Japan has shut money for two solar projects in Japan with a combined capacity over 34MW. The company claimed MUFG Bank was the lead arbitrator for a mixed facility dimension of ¥ 13,247 m (EUR97.3 m). The projects are the 18.1 MW Hanamizuki and also 16.4 MW Motegi. Hanamizuki was acquired in the first quarter of 2022 at the operational stage from Thai Solar Energy Public Company, while the Motegi was bought in late 2021 from Trina Solar Japan Energy as well as began building in January. Sonnedix president Axel Thiemann said: "We are really proud of our growth and development in Japan, where we have established ourselves as a trusted solar IPP, creating key collaborations with financial institutions like MUFC Bank, allowing us to proceed structure and also running solar PV plants, pressing the nation's power shift ahead."
Apr 11, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Japan, Sonnedix, Axel Thiemann, Asia
Sonnedix gets IPP with 290-MW wind and solar portfolio in Chile
Sonnedix purchased business from Arroyo, an independent financial investment manager targeting power and also power infrastructure assets in the Americas, for an undisclosed price. According to Arroyo, Arco has 215 MW of utility-scale renewable power generation assets and also 75 MW of distributed generation. The bargain will certainly make it possible for Sonnedix, mainly a solar IPP, to move into the wind power space. With 290 MW from Arco, the company now has more than 1 GW of overall capacity in Chile, it stated. "Sonnedix has actually been getting ready for the next phase of the power shift-- providing green, inexpensive electricity targeted at our consumers' demands-- this acquisition allows us to start to hybridize our generation profile, and is the initial step in our trip to become a real customer-oriented, risk-balanced, renewable energy remedies carrier," commented Axel Thiemann, CEO of Sonnedix.
Oct 19, 2022 // Large-Scale, Commercial, Markets & Finance News, Sonnedix, Axel Thiemann, Chile, South america
Sonnedix continues to build 16.4-MW solar plant in Japan
Sonnedix Motegi, the photovoltaic or pv (PV) farm will certainly have the ability to produce 22,230 MWh of tidy energy in its first complete year of procedure,
Jan 26, 2022 // Plants, Large-Scale, Commercial, Japan, Sonnedix, Asia, solar plant
Sonnedix, Statkraft indicator PPAs for solar energy in Italy
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
Sep 27, 2022 // Markets & Finance News, Italy, PPA, Sonnedix, Europe, Statkraft
Sonnedix Acquires 194-MWp Italian Solar Portfolio
Sonnedix has agreed to buy a 194-MWp solar portfolio in Italy from EOS Investment Management and Capital Dynamics, expanding its operating and near-ready PV presence in the country. The acquisition strengthens Sonnedix’s Italian scale platform as larger portfolios increasingly help determine financing terms and operating performance.Industry buyers favor such deals because they reduce development risk versus building new projects from scratch, while allowing owners to standardize systems such as SCADA, performance monitoring, and O&M practices. The transaction also reflects Italy’s shift toward higher-quality generation, where value is linked to grid location and flexibility, amid growing substation upgrades that can support future storage and better capture prices. How will Sonnedix’s Italy portfolio acquisition boost scale, financing, and grid-value? Scale (portfolio depth and bargaining power)- The enlarged operating and near-ready footprint helps Sonnedix qualify for larger, more diversified offtake and asset-level performance arrangements.- Bigger, geographically and technical standardized blocks typically improve internal forecasting, dispatch assumptions, and portfolio-level optimization.- Consolidated procurement (inverters, trackers, monitoring hardware, O&M contracting) can lower unit costs and speed commissioning across future tranches.Financing (better terms through bankability and reduced risk)- Acquiring an existing pipeline/portfolio reduces “first-of-a-kind” execution risk compared with greenfield development, which can tighten underwriting spreads.- Larger, standardized portfolios often enable lenders to rely on consistent performance data, leading to more efficient diligence and potentially better covenants.- Greater asset count and similar technical configurations can support portfolio financing structures (including tranche-based leverage, refinancing windows, or aggregating cash flows for DSCR targets).- Institutional buyers and lenders may view scale as improved resilience: if one site underperforms, the overall portfolio outcome is statistically buffered.Grid-value (location, flexibility, and revenue capture)- Italy’s grid-driven value framework rewards plants with stronger local network conditions (e.g., interconnection capacity, reduced curtailment risk, and grid access); a larger footprint increases the odds of locating generation where pricing signals are more favorable.- Standardized grid-performance monitoring (for voltage/frequency behavior, curtailment events, and real-time availability) improves the ability to demonstrate compliance and maximize availability-based revenues.- With rising substation modernization, additional capacity near upgraded infrastructure can raise the probability of better operational scheduling and improved capture of market pricing.- A more scalable platform can more effectively integrate flexibility options over time—such as co-located storage upgrades or advanced control strategies—making it easier to target grid services and future rule changes.
Mar 26, 2026 // Plants, Italy, Sonnedix, Europe, acquisition, Eos, solar portfolio
Sonnedix proceeds Chile solar growth with 160MWp project procurement
Sonnedix Andino Occidente I project, located in Chile's main O'Higgins region, has been bought from regional renewable energy programmer Andes Solar and will
Nov 30, 2020 // Plants, Large-Scale, Commercial, UTILITY-SCALE SOLAR, IPP, Sonnedix, Axel Thiemann, Chile, South america, project acquisition
Sonnedix swoops on Spanish solar portfolio
Sonnedix has obtained a 136MW solar portfolio in Spain, from Qualitas Energy, a worldwide investment and also management platform. The portfolio contains 169 solar plants located across the country, which came to be functional in between 2007 as well as 2014 as well as are under the Spanish governing regime. Sonnedix chief executive officer Axel Thiemann claimed: "This procurement demonstrates our capacity and commitment to powering the energy shift in the country-- where we began our journey in 2009, and also where today we have an overall capacity of over 1.4 GW-- broadening our portfolio of projects and also constructing relationships with partners like Qualitas Energy, that share our vision of a future where renewable resource leads, improving the lives of our neighborhoods." Sonnedix's worldwide platform covers 10 nations and also exceeds 8GW of overall capacity. In Spain, functional capacity stands at just over 770MW, with greater than 850MW under construction or in various phases of development. Qualitas Energy just recently revealed the launch of its 5th flagship fund, Q-Energy V (QE V), with which it will mainly invest across Germany, the UK, Spain, Italy and Poland, targeting renewable energy assets in operation as well as under development. In November 2022, the vehicle held a very first close of greater than EUR1.1 bn.
Jan 26, 2023 // Markets & Finance News, Spain, Sonnedix, Europe
Sonnedix closes US$224m financing for PV portfolio in Italy
Sonnedix has completed a non-recourse financing of a portfolio of PV projects in Italy, at a value of US$224 million.  The financing included a debt
Jul 30, 2019 // Plants, IPP Sonnedix, Sonnedix, Banco Santander, Milan Branch, ING Bank N.V., Mediocredito Italiano, Natixis S.A., Axel Thiemann, CEO of Sonnedix
Sonnedix wraps up works on 57 MW of solar in Spain
as likewise won the agreement to look after operations and upkeep in behalf of Sonnedix throughout the life of the plants, the international independent power
Mar 15, 2023 // Plants, Large-Scale, Commercial, Spain, Sonnedix, Europe, PV Power Plant
Sonnedix Energizes Battery-Ready 36.8-MW Portugal Solar
Sonnedix has commissioned a 36.8‑MW solar park in Portugal, connecting it to grid with bifacial modules on single‑axis trackers, string inverters and a grid‑code‑tuned plant controller. The mid‑sized project is engineered “battery‑ready,” reserving pad space and transformer headroom to add storage to shift output into dusk and supply grid services.The plant enters a Iberian market where Sonnedix mixes long‑dated corporate PPAs with merchant exposure. Construction emphasized standardization and string‑level SCADA to speed commissioning and optimize O&M, alongside biodiversity measures. As Portugal expands renewables, transmission and storage, a battery could turn the site into a flexibility asset for evening peaks. How will Sonnedix monetize battery-ready design in Portugal’s evolving Iberian market? Energy arbitrage: charge during low-priced midday hours and discharge into evening peaks on OMIE day‑ahead and intraday markets to capture widening price spreads and negative-price avoidance. Premium block products: shape output to sell evening peak blocks at higher prices, improving capture price versus standalone PV. PPA value uplift: offer firmed/smoothed delivery under corporate PPAs to win higher prices or avoid shape/imbalance penalties; structure solar‑plus‑storage PPAs with peak adders. Merchant optimization: bid the battery on intraday continuous markets to monetize short‑term volatility and Iberian cross‑border spreads. Ancillary services: provide frequency and reserve products (primary/secondary/tertiary), fast ramping, voltage/VAR support, and congestion management procured by the TSO/DSO. Curtailment mitigation: store during curtailment or low/negative prices to lift realized capture price and preserve guarantees of origin value. Capacity/flexibility tenders: qualify for emerging availability/capacity mechanisms and local flexibility procurements as Portugal scales system adequacy tools. Connection synergies: leverage the existing PV grid connection and site infrastructure to add storage at lower interconnection cost and accelerate revenue start. 24/7 clean energy offerings: use storage to align hourly supply with corporate demand, commanding premiums for granular, time‑matched guarantees of origin. Tolling/hedging services: monetize through tolling agreements with retailers or traders who use the battery to hedge portfolios and reduce imbalance exposure. Portfolio balancing: use the battery to minimize imbalance costs across Sonnedix’s Iberian fleet, turning avoided penalties into incremental margin. Policy upside: retain optionality to tap future grants, tax incentives, or contracts for flexibility as Portugal refines its storage support framework.
Dec 19, 2025 // Plants, Large-Scale, Commercial, Portugal, Sonnedix, Europe
Sonnedix acquires 262-MWp solar portfolio to enter Portugal
GWh of power annually during the very first year of operation, according to Sonnedix. Nothing else information was disclosed. " This task shows our long-term
Nov 9, 2022 // Markets & Finance News, Portugal, Sonnedix, Europe
Sonnedix acquires 22-MW solar portfolio in Italy
a 4-GW pipe of projects under development in a total amount of 14 countries. Sonnedix got legal suggestions from Watson Farley & Williams. RSM Studio Palea
May 25, 2021 // Markets & Finance News, Italy, Sonnedix, Europe
Sonnedix Douro Solar Plant Goes Live, Fortifying Portugal’s Energy Transition
Sonnedix has flicked the switch on its biggest European project to date, the 150-MW Douro solar park in Tarouca, northern Portugal, marking a fresh milestone in the Iberian nation’s rapid renewables rollout. The plant, backed by a long-term offtake agreement with global data-centre giant Equinix, is now delivering clean electricity to the national grid after less than two years of construction and grid-compliance testing. Built across the undulating hills of the Douro Valley, the facility is expected to generate around 230 GWh of power annually—enough to meet the needs of roughly 76 000 Portuguese households while avoiding more than 82 000 tonnes of CO₂ each year. It supports Portugal’s ambition to source 80 % of its electricity from renewables by 2026 and reinforces the country’s position as one of Europe’s fastest-growing solar markets. The project’s revenue stack centres on a 10-year pay-as-produced power-purchase agreement with Equinix, under which the tech firm will offtake the majority of the plant’s output to decarbonise its expanding Iberian data-centre operations from July 2025. Sonnedix notes that the Douro PPA is its second deal with Equinix, deepening a relationship it describes as “crucial for accelerating corporate clean-power uptake across Southern Europe.” With the ribbon now cut at Douro, Sonnedix is turning to an ambitious build-out plan: the company aims to double its operating solar capacity in Portugal by the end of this year, taking its national fleet to roughly 300 MW.  Several greenfield projects in the construction queue—including the nearby 75-MW Douro II extension and a trio of sub-50-MW clusters in Alentejo—are slated to reach mechanical completion before December. CEO Axel Thiemann called the commissioning “a landmark for both Sonnedix and Portugal,” emphasising that utility-scale projects paired with bankable corporate PPAs can be financed quickly despite volatile power prices. Industry observers agree: with land-use rules easing and grid connections steadily expanding, Portugal’s solar pipeline is forecast to top 6 GW in operation by 2026, compared with just 1.5 GW five years ago. For now, Douro adds immediate momentum. By harnessing the valley’s abundant sunlight through bifacial modules mounted on single-axis trackers, the plant will help stabilise local supply and lower wholesale prices—proof, Sonnedix argues, that large-scale solar remains one of the fastest, cheapest tools for Europe’s clean-energy transition.
Jun 19, 2025 // Plants, Large-Scale, Commercial, Portugal, Sonnedix, Europe, Equinix
Sonnedix gets 74.7 MW Eliantus portfolio in Spain
been operational because in between 2008 and also 2013. The bargain brings Sonnedix's Spanish portfolio to a capability of 330.7 MWp. " Under these unmatched
Jul 16, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Spain, Sonnedix, Axel Thiemann, pv power plants, solar pv, Europe
Sonnedix safeguards EUR321m in financing for 63MW solar profile in Spain
of CaixaBank, BNP Paribas, Bankia, Triodos Bank, Abanca and also Liberbank. Sonnedix CEO Axel Thiemann claimed the transaction highlights the firm's capacity to
Aug 10, 2020 // Markets & Finance News, UTILITY-SCALE SOLAR, Spain, Sonnedix, Axel Thiemann, Europe