Sonnedix secures €3.25 billion in refinancing for renewables portfolio
Sonnedix has secured €3.25 billion ($3.38 billion) through two refinancing transactions. The renewable energy producer says the transactions will be instrumental in accelerating the growth of its pipeline across Europe.
How can policy help Portugal decarbonize?
With ambitious decarbonization targets and a favourable regulatory landscape, Portugal is an appealing market for renewable energy developers and producers. Like other European markets, however, Portugal’s clean energy industry faces challenges related to permitting, grid connection, and the availability of remuneration schemes – hurdles which threaten to slow the country’s energy transition.
Large-scale PV business still see growth in Italy
Italy has secured 939 MW of new PV projects, with Spanish group Repsol alone planning 825 MW of solar development, including its first two arrays in Puglia. Comal and Sonnedix have likewise unveiled new PV projects in Sardinia and Lazio.
Sonnedix sells South African operation
The Spanish company says it wants to focus only on OECD member states, indicating a withdrawal from Africa. The sale includes a solar farm in the Northern Cape, which has reportedly been affected by module backsheet failures.
Sonnedix begins construction of 50 MW Badajoz project
The developer secured a ten-year power purchase agreement from Statkraft in June last year for almost all of the power expected to be generated by the unsubsidized plant in southwestern Spain.
Ferrero signs up for Sicilian solar – the ambassador will be happy
The Ferrero Rocher maker will buy the energy generated by two agrivoltaics projects planned in Sicily as it aims to halve its greenhouse gas emissions by 2030.
Sonnedix closes €160m of financing in Italy
Sonnedix has secured €160 million of non-recourse financing for solar PV projects in Italy.
A ten-year PPA for 50 MW Spanish project
Dutch solar developer Sonnedix will supply Norwegian renewables company Statkraft with around 100 GWh of green electricity annually from 2021 to 2031. The electricity will be generated by a solar plant planned in Badajoz. Sonnedix also announced the acquisition of 4.6 MW more Spanish solar capacity.
Italian PPA-linked solar portfolio sold
Chinese-Canadian module manufacturer Canadian Solar and Italy’s Manni Energy have sold five PV plants with a total generation capacity of 17 MW to Dutch independent power producer Sonnedix. The Sicilian projects are among Italy’s first operational unsubsidized PV facilities.
Reports of backsheet failures at 75 MW Mulilo Sonnedix Prieska solar farm in South Africa
The South African project is reportedly experiencing serious problems due to premature module degradation. Claims of extensive backsheet failure have emerged and it is said widespread module replacement will be required. The modules used in the project were supplied by Chinese manufacturer BYD and South African producer Artsolar.
