Sonnedix acquires 150MW solar PV plant in central Chile

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email
Image: Sonnedix.

Independent power producer (IPP) Sonnedix has continued its solar ramp-up in Chile with the acquisition of a 150MWp PV project from local developer RTB Energy.

The deal includes the co-development of the Pelequén plant in Chile’s central O’Higgins region, with construction work slated to begin by mid-2022.

Sonnedix CEO Axel Thiemann said the transaction marks “another milestone” for the company in Chile. “We are very proud to play an active role in Chile’s transition to a green future, as we continue developing, building and operating solar PV projects for the long term.”

The deal comes weeks after the IPP bought a 160MWp solar PV park in the same region of Chile, adding to the 138MW Meseta de Los Andes and 171MW Atacama Solar installations it is developing in the country.

This year has also seen Sonnedix double down on efforts in Europe, completing non-recourse financing for 13 solar plants in Spain and acquiring 8.2MW of operational solar farms in Italy in July. The company is set to further increase its investment in Europe's PV market through a new partnership with a fund managed by French asset manager Amundi.

Read Next

September 24, 2021
Independent power producer Catalyze has acquired commercial and industrial (C&I) solar developer Sol Alliance, expanding its presence in the northeast of the US and taking on an 80MW project development pipeline in the process.
September 10, 2021
Independent power producer ReNew Power has commissioned a 250MW portion of a 300MW solar plant in the Indian state of Rajasthan.
September 8, 2021
Sonnedix, Opdenergy and Canadian Solar were among the five successful bidders in Chile’s latest power auction, which took place yesterday (7 September) and will see the country support 2GW of renewables and storage installations.
August 31, 2021
Azure Power is on track to increase its operating solar capacity by at least a third this fiscal year following a first quarter that saw the independent power producer (IPP) return to profitability.
August 16, 2021
German independent power producer (IPP) Encavis reported revenue growth in the first half of the year due to the contribution of two new Spanish PV plants that offset the impact of weaker weather conditions.
August 9, 2021
Indian renewable energy company ReNew Power has signed a power purchase agreement (PPA) for a 400MW renewables project that will supply Round-The-Clock (RTC) electricity supply, which the company claims is the first of its kind in India

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 6, 2021
Solar Media Events
October 19, 2021
Solar Media Events
December 1, 2021