Sonnedix Japan K.K. has made two acquisitions on behalf of the Sonnedix group of companies: a 2.4 MW solar PV plant in Kyoto and a 2.5 MW plant in Saitama prefecture in the Kanto region. Both plants began commercial operation this year.
One of the leading players in the Japanese solar market, Sonnedix currently has a further six solar PV plants under construction with a combined capacity of 236 MW. They are managed by Sonnedix Japan and most are expected to start operations within 12 months.
Sonnedix CEO Axel Thiemann said: “These acquisitions of operational solar PV plants in Japan highlight the maturing local secondary market. Whether we build or acquire a PV plant, we are committed to optimize each investment for the long term as we actively seek opportunities to expand our global footprint.”
With a total controlled capacity in Japan exceeding 500 MW, Sonnedix has continued to expand throughout 2019. Sonnedix Japan also acquired two development projects on behalf of Sonnedix earlier in the year: a 13.7 MW solar PV project in Hirono, Iwate prefecture and a 26.5 MW facility in Yamadamachi, Iwate prefecture.