popular articles

Spain: Sonnedix plans to exceed 1GW in operation by 2024

Sonnedix, a major player in renewable energy, has acquired a 42MW solar power plant in Carpio del Tajo, Spain, increasing its operational capacity to over 1GW by the end of 2024.
Projet solaire Espagne.

Please share:

Sonnedix continues to expand its presence in Spain with the acquisition of a 42MW photovoltaic solar power plant in Carpio del Tajo, in the Castilla-La Mancha region. This acquisition is part of an expansion program aimed at reaching an operational capacity of over 1GW by the end of 2024. Axel Thiemann, CEO of Sonnedix, stated that this acquisition represents a crucial step for the company in its aim to meet the growing demand for energy in Spain. Since the beginning of the year, Sonnedix has inaugurated its largest portfolio of solar power plants in Spain to date, while pursuing a conversion and hybridization strategy to strengthen the country’s energy security.

Impact on the Spanish energy market

The new solar power plant, which reached its commercial commissioning date in October 2023, is expected to generate 89GWh in its first year of operation. This acquisition is part of a 78MW portfolio acquired from Impax Asset Management in April 2022, which also includes a 36MW solar power plant located in Herencia, Ciudad Real. Carsten Johansen, Head of the PE/Infrastructure Transactions team at Impax Asset Management, highlighted the completion of the construction program in Spain and the recent commissioning of the 42MW Portachuelo solar power plant. This transaction also marks the end of Impax’s exit program in Spain, with the sale of 118MW of solar PV projects.

Partnerships and strategic advice

For this transaction, Sonnedix was advised by Ashurst for legal aspects and Gadvisory for technical advice, while Impax Asset Management was advised by Gomez Acebo & Pombo. This collaboration underlines the importance of strategic partnerships in the renewable energies sector to facilitate the expansion and optimization of operational capabilities. Sonnedix’s rapid expansion in Spain illustrates the company’s dynamic growth and its important role in Europe’s renewable energy sector. By increasing its operational capacity and investing in cutting-edge technologies, Sonnedix is positioning itself as a key player in the market.

Register free of charge for uninterrupted access.

Publicite

Recently published in

The European Bank for Reconstruction and Development (EBRD) is investing 100 million euros in Green Genius, a renewable energy company, to support its expansion in Europe and strengthen the energy transition in the region.
Adani Group and Google have announced a partnership aimed at strengthening the sustainability goals of both companies and increasing the contribution of clean energy to the Indian power grid through a new solar-wind hybrid project.
Adani Group and Google have announced a partnership aimed at strengthening the sustainability goals of both companies and increasing the contribution of clean energy to the Indian power grid through a new solar-wind hybrid project.
Akuo inaugurates the Santas solar power plant, one of the largest in Portugal, with 181 MWp capacity, supplying more than 100,000 households and reducing CO2 emissions by 70,000 tons per year.
Akuo inaugurates the Santas solar power plant, one of the largest in Portugal, with 181 MWp capacity, supplying more than 100,000 households and reducing CO2 emissions by 70,000 tons per year.
GameChange Solar announces having secured over 10 GW of solar projects in India through its Genius Tracker™ solar tracking system, reinforcing its position as a leader in large-scale solar solutions.
GameChange Solar announces having secured over 10 GW of solar projects in India through its Genius Tracker™ solar tracking system, reinforcing its position as a leader in large-scale solar solutions.
Masdar acquires 50% of Terra-Gen, one of the leading renewable energy producers in the United States. This strategic transaction aims to triple Masdar’s global production capacity by 2030.
TotalEnergies has commissioned Danish Fields and Cottonwood, two solar power plants in Texas with a combined capacity of 1.2 GW and battery storage, aimed at securing long-term contracts with industrial clients.
TotalEnergies has commissioned Danish Fields and Cottonwood, two solar power plants in Texas with a combined capacity of 1.2 GW and battery storage, aimed at securing long-term contracts with industrial clients.
SEG Solar has begun constructing a 5 GW photovoltaic park in Batang, Indonesia. This project aims to strengthen the group’s global supply chain while supporting the local industrialization of solar components.
SEG Solar has begun constructing a 5 GW photovoltaic park in Batang, Indonesia. This project aims to strengthen the group’s global supply chain while supporting the local industrialization of solar components.
The Spanish company Zelestra opens a 144 MW solar park in Colombia, marking a significant milestone in its Latin American strategy and contributing to the country's decarbonation objectives.
The Spanish company Zelestra opens a 144 MW solar park in Colombia, marking a significant milestone in its Latin American strategy and contributing to the country's decarbonation objectives.
Octopus Energy plans to invest £2 billion in renewable energy projects in the UK by 2030, strengthening its portfolio of solar and wind assets to meet the country's decarbonization targets.
China is transforming the Kubuqi desert into a major solar energy production site, integrating photovoltaics and soil restoration, to reinforce its decarbonization objective.
China is transforming the Kubuqi desert into a major solar energy production site, integrating photovoltaics and soil restoration, to reinforce its decarbonization objective.
DTE Energy is commissioning three solar farms in Michigan, financed by the MIGreenPower program, aimed at boosting the state's renewable energy capacity and meeting decarbonization targets.
DTE Energy is commissioning three solar farms in Michigan, financed by the MIGreenPower program, aimed at boosting the state's renewable energy capacity and meeting decarbonization targets.
Renewable Land has finalized the acquisition of 435 acres in Ohio, currently leased to a solar farm operated by EDP Renewables, to supply energy to Amazon as part of its data center initiative.
Renewable Land has finalized the acquisition of 435 acres in Ohio, currently leased to a solar farm operated by EDP Renewables, to supply energy to Amazon as part of its data center initiative.
Stellantis and Orano abandon their planned joint venture to recycle electric vehicle batteries. The project, announced for 2023, will not see the light of day in 2026 as originally planned.
Researchers are developing an innovative method for storing solar energy using photochromic molecules, offering promising prospects for the energy sector.
Researchers are developing an innovative method for storing solar energy using photochromic molecules, offering promising prospects for the energy sector.
Macquarie Group announces a minority investment in D.E. Shaw Renewable Investments to strengthen its presence in the U.S. renewable energy market.
Macquarie Group announces a minority investment in D.E. Shaw Renewable Investments to strengthen its presence in the U.S. renewable energy market.
By 2023, 81% of new renewable energy capacity was cheaper than fossil fuel alternatives, emphasizing their key role in the global energy transition.
By 2023, 81% of new renewable energy capacity was cheaper than fossil fuel alternatives, emphasizing their key role in the global energy transition.
Carrefour and Qair have signed a solar power purchase agreement to supply around 75 GWh per year to Carrefour Italia, as part of its decarbonization strategy.
The Delaware Bankruptcy Court approves Complete Solar's acquisition of the core assets of SunPower Corporation for $45 million. The transaction includes the Blue Raven, New Homes and Dealer divisions, as well as the integration of 1,000 employees under the new entity.
The Delaware Bankruptcy Court approves Complete Solar's acquisition of the core assets of SunPower Corporation for $45 million. The transaction includes the Blue Raven, New Homes and Dealer divisions, as well as the integration of 1,000 employees under the new entity.
The Spanish government has set a target of generating 81% of its electricity from renewables by 2030, while stepping up its ambitions for green hydrogen.
The Spanish government has set a target of generating 81% of its electricity from renewables by 2030, while stepping up its ambitions for green hydrogen.
Origis Energy and the Tennessee Valley Authority sign an agreement for a 200 MW solar and storage project in Mississippi, boosting the development of renewable energies in the region.
Origis Energy and the Tennessee Valley Authority sign an agreement for a 200 MW solar and storage project in Mississippi, boosting the development of renewable energies in the region.
Q ENERGY commissions a 5 MW solar farm in Montfort, designed to supply electricity to around 2,800 people and boost renewable energy production in the region.
SolarBank is developing a 5.4 MW solar power plant in Broome County, New York. This community energy project is expected to power more than 640 homes and benefit from NYSERDA incentives via the NY-Sun program.
SolarBank is developing a 5.4 MW solar power plant in Broome County, New York. This community energy project is expected to power more than 640 homes and benefit from NYSERDA incentives via the NY-Sun program.
Zelestra has secured 132 million euros in financing for its 435 MW solar power plant in the Indian state of Rajasthan, confirming its expansion in India's renewable energy sector.
Zelestra has secured 132 million euros in financing for its 435 MW solar power plant in the Indian state of Rajasthan, confirming its expansion in India's renewable energy sector.
Axpo, via its subsidiary Urbasolar, commissions a 12.8 MWp solar power plant in Beauvais. This project contributes to the acceleration of solar power generation in France.
Axpo, via its subsidiary Urbasolar, commissions a 12.8 MWp solar power plant in Beauvais. This project contributes to the acceleration of solar power generation in France.

Advertising