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.