Sonnedix acquires 23MW Italian portfolio as expansion continues

Facebook
Twitter
LinkedIn
Reddit
Email
Sonnedix Solar Adria I PV plant Italy. Image: Sonnedix.

Sonnedix has acquired a 23MW portfolio in Italy from investment group, Ellomay Luxembourg Holdings.

The portfolio includes 12 operating solar PV sites, all consisting of ground mounted panels.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The acquisition, brings the global independent solar power producer’s operating capacity in Italy to 216.5MW.

Sonnedix’s CEO Axel Thiemann said: “This latest acquisition highlights our commitment to the Italian market, as we continue to deliver on our growth strategy. Sonnedix is seeking opportunities to develop, own and operate assets for the long-term, as we expand and optimize our global portfolio.”

The acquisition follows the completion of US$224 million of non-recourse financing of a portfolio of PV projects in Italy in August. Sonnedix stated at the time that this would allow it to invest further in the country.  

The company is continuing to expand its operations globally, and now has 950MW in operation, around 400MW under construction and 470MW in late stage development in OECD markets.

In August, Sonnedix started construction of a large-scale solar installation in Chile’s Atacama desert, which will see 171MW of solar enable a 200,000 metric tonnes annual CO2 savings.

It is also working to expand its operations in France, with a spree of acquisitions including five solar rooftop car parks, which make up a 55MW portfolio sold by infrastructure investor Glennmont Partners.

11 March 2025
Frankfurt, Germany
The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.
3 June 2025
Messe Stuttgart Stuttgart, Germany
Meet battery manufacturers, suppliers, engineers, thought leaders and decision-makers for a conference and battery tech expo focused on the latest developments in the advanced battery and automotive industries. Stay plugged in for all the latest information on The Battery Show Europe 2024 including: Keynote Speakers & Conference Overview Show Features Floor Plan & Exhibitor News Travel & Transport information
17 June 2025
Napa, USA
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 17-18 June 2025, will be our fourth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2026 and beyond.
25 November 2025
Málaga, Spain
Understanding PV module supply to the European market in 2026. PV ModuleTech Europe 2025 is a two-day conference that tackles these challenges directly, with an agenda that addresses all aspects of module supplier selection; product availability, technology offerings, traceability of supply-chain, factory auditing, module testing and reliability, and company bankability.

Read Next

February 12, 2025
Damaging hailstorms can occur frequently across states like Texas and Illinois which have become major utility-scale solar markets.
February 12, 2025
Universal Kraft said it would aid in its Generator Unit Owner Contribution (GUOC) obligations mandated by the state of Alberta.
Premium
February 11, 2025
PV Tech Premium spoke with Alexia Ruvoletto, former head of the Solar Stewardship Initiative, about its supply traceability standard.
February 11, 2025
The US solar industry was previously sanguine about Trump's initial tariffs, though the impacts of these metal tariffs are unclear.
February 11, 2025
AEMO has said that, at the end of 2024, the connections pipeline for Australia's NEM stood at 49.6GW, up 36% year-on-year.
February 10, 2025
Pricing for new solar and wind projects in China will be determined by the market rather than set at a fixed tariff under new reforms.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
February 17, 2025
London, UK
Solar Media Events
February 19, 2025
Tokyo, Japan
Solar Media Events
March 11, 2025
Frankfurt, Germany