+44 (0)24 7671 8970
More publications     •     Advertise with us     •     Contact us
 
Loading...
{megaLeaderboard}
{normalLeaderboard}
News Article

Sonnedix And Endesa Sign A 12-Year PPA For 77MW Portfolio In Spain

News

Sonnedix, the international renewable energy producer, and Endesa Spain’s largest electric company, have signed a twelve-year renewable energy power purchase agreement (PPA).

The green energy is produced by a 77MW solar PV portfolio acquired by Sonnedix in July 2021, comprised of five solar plants located in Valladolid, Castilla y León province of Spain. The projects are currently under construction and are expected to start operations within the first quarter of 2023. It is estimated that the portfolio will produce a total volume of 156GWh of renewable energy per year, equivalent to powering over 50,000 homes, and capable of avoiding more than 30,000 tons of CO2.

“We are very excited to partner with a company like Endesa, who shares our commitment and drive to keep powering a bright future for all” said Axel Thiemann, CEO de Sonnedix. “We started off our journey in this country, over a decade ago, with a 0.9MW project. Today, our largest office is in Madrid, and our largest portfolio of operational projects is here in Spain, with over 185 projects and a total installed capacity of more than 800MW. Partnering with Endesa, one of the largest electric companies in Spain, becomes a true testament to our sustainable growth trajectory, but also to our commitment to be a key player in the Spanish energy transition”.

Present in Spain since its origins in 2009, Sonnedix currently has over 1.5GW of total capacity in operations, under construction, and various development phases across the country. The renewable energy producer continues expanding its platform through the acquisition and development of projects in Spain and other OECD markets.

On this transaction, Sonnedix was advised by Watson Farley & Williams (legal) and Our New Energy (PPA).

New solar park in Spain combining agriculture and biodiversity provides VELUX Group with renewable power
VARTA initiates and coordinates new project for next-generation energy storage
Equans Solar & Storage - Partnership with Destia in the Finnish solar PV market
Fields And The Sun: Agricultural PV, An Opportunity For The Energy And The Farming Industry
NextPower V ESG Makes CfD Acquisition
ACTIS Acquires ENEL Genracion Peru
Nexergy Holdings PLC and Lorentz Collaborate to Revolutionise Green Hydrogen Production
Ørsted Offshore Wind Farm Gode Wind 3 Generates First Power
Hercules Machinery Corporation Introduces the Revolutionary STR20-RC Piling Machine - A Game-Changer in Solar Farm Construction
LONGi Sets New World-Record for Silicon Solar Cell Efficiency
Boviet Solar Selects North Carolina For First North American Production Facility
Midsummer partners with Asian maker of thin film solar panels
Nordex Group receives order for 148 MW for N149/5.X turbines
Octopus Energy backs tech disruptor to turbocharge floating offshore wind farms globally
NextPower V ESG Reaches $745 Million To Date
Trina Solar announces 27% year-on-year increase in revenues in 2023 annual report
Enfinity Global closes $195 million of long-term financing for a 70 MW operational solar power plant in Japan
Trina Solar sets 26th world record as power output of n-type i-TOPCon module reaches 740.6W
BayWa r.e. realizes three PV rooftop installations for Merck and Tetra Pak
Fluke Announces New Solmetric PVA-1500HE2 PV Analyzer
Emeren Group and Nuveen Infrastructure Finalize 354 MWp Battery Storage Portfolio in Italy
Varco Energy acquires Sambar Power battery storage project in Cornwall
Fluke celebrates 25th anniversary with CalPlus GmbH
Nuveen Infrastructure and SK eternix sign PPA with Hyundai E&C for South Korean Solar PV Projects
Luxcara achieves financial close with Bayerische Landesbank for Danish solar PV portfolio
AEROCOMPACT launches user-friendly roof hook for tiled roofs
Nordex Group receives 98 MW order from Sweden
Sunrock expands executive board
CSI secures mezzanine financing for solar portfolio in Italy
Emeren Group and Glennmont to Develop 155 MW of Battery Storage Projects in Italy
BayWa r.e. starts construction of 188 MW wind and solar flagship project, including its largest onshore wind farm in Europe
SOLEK to build its largest solar power plant Leyda

×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
  • 1st January 1970
  • 1st January 1970
  • 1st January 1970
  • 1st January 1970
  • 1st January 1970
  • 1st January 1970
  • 1st January 1970
  • 1st January 1970
  • View all news 22645 more articles
Logo
×
Register - Step 1

You may choose to subscribe to the Solar + Power Magazine, the Solar + Power Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in: