Sonnedix signs PPA for a solar project in Europe

Sonnedix has entered into an agreement for a solar project with one of the main energy groups in Europe.

The company has already signed an eleven-year renewable energy power purchase agreement (PPA) for the same.

According to the company, ‘the renewable energy will be produced by Sonnedix Bonete’ which is a 50MW solar PV plant acquired by Sonnedix.

The project is located in the province of Albacete, Castilla-La-Mancha in Spain.

It has been reported that the PPA will cover a total period of 11 years.

“We’re very proud of providing green electricity to energy companies of great presence in the Iberian Peninsula, a market of great importance for Sonnedix” Axel Thiemann, CEO of Sonnedix, was quoted in a statement.

He further stated, “With over a decade of sustainable growth, we’re positioned as a leading independent solar producer, and we continue expanding our renewable platform not just in Spain but also in Portugal, where we set foot in 2021 with the acquisition of a 262MW portfolio”.

To be noted, Sonnedix has a total capacity of over 1.3GW in Spain. The company’s development pipeline includes over 660MW.