Sonnedix announces the acquisition of five photovoltaic projects developed by Lightsource bp in the UK. The renewable energy producer secures a 300 MW portfolio from the world’s leading solar power project manager.
Solar photovoltaic projects in the UK
Barring any setbacks, these five projects are expected to be commissioned during 2024. These acquisitions will allow Sonnedix to strengthen its presence in the UK market. In particular, by serving as a platform to support its global and European presence.
The projects, located in various regions of the country, are expected to generate approximately 300 GWh of clean energy. This is equivalent to supplying approximately 84,500 homes and avoiding the emission of more than 57,000 tons of CO2. The financial terms of the sale have not yet been disclosed.
This acquisition adds to a global development pipeline of 5GW overseen by Sonnedix in Chile, France, Germany, Italy, Japan, Poland, Spain, the United States and the United Kingdom.
The CEO of Sonnedix; Axel Thiemann spoke on the subject:
“Like us, Lightsource bp shares the same values and commitment to building a brighter future by providing sustainable renewable solutions for the communities we impact. This will allow us to deepen our relationship as partners, and further develop our footprint in the local market where we’ve been present for some time to advance the energy transition.”
Kareen Boutonnat, Director of Group Operations at Lightsource BP, said:
“Solar projects, are critical to a secure, low-cost, low-carbon energy system. One of our core strengths at Lightsource bp is facilitating the energy transition by deploying our solar development experience and capacity to support growing renewable energy portfolios around the world. The sale of these assets to Sonnedix demonstrates our strong credibility as a trusted development partner, and transactions like this will catalyze the rapid deployment of renewable energy as companies work in partnership to create a more sustainable energy future.”
Sonnedix conquers the UK market
With this agreement, Sonnedix will reach 500 MWp in the UK, making the country one of its main markets in Europe. Thus, the company has the ambition to conquer the British market but also to become one of its leading companies in terms of solar energy.
