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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.


Sonnedix makes €201m financial close for Italian solar expansion

In a first disbursement, 41 smaller projects will be taken into the independent power producer’s portfolio. The Italian market appears to have been kicked back into life after announcements of generation capacity goals and with new large scale auctions planned for September.

Sonnedix reaches financial close for a 171 MW project in northern Chile

The $99 million financing was provided by the CAF development bank of Latin America. The large scale solar facility will be in the Atacama desert.

Sonnedix buys 55 MW solar carport portfolio in France

The independent power producer has purchased five PV projects from Glennmont Partners. It did not disclose the financial terms of the transaction.

Canadian Solar’s PV module shipments surpass 6.6 GW in 2018

Canadian Solar recorded net income of $237.1 million in 2018, from $99.6 million a year earlier, on annual PV module shipments of 6.62 GW.

Sonnedix secures financing for latest Japanese plant

JP Morgan-advised developer says it is on track to deliver 400 MW of capacity in Japan after announcing funding for 46.6 MW Tono project.

Sonnedix connects 46.8 MW power plant in Japan

Independent power producer, Sonnedix has announced start of operations for the 46.8 MW Suwa solar PV plant, located on a former golf course in Nagano prefecture, Japan. The project is the first to be completed, of several investments made by Sonnedix in the Japanese market.

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