Sonnedix, Statkraft sign 10-year PPA for 34 MWp solar PV projects in Lazio

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

Sonnedix and Statkraft have entered into a 10-year solar power purchase agreement (PPA) for a new solar project portfolio in Italy. The agreement is for the combined output of two solar photovoltaic plants with a total capacity of 34 MWp, with the plants producing a combined 48 GWh/year of green electricity, which can power more than 18,000 Italian homes with clean electricity. This is the second collaboration for the companies in Italy and the third in Europe.

The two plants are being constructed in the Lazio region of west-central Italy and are expected to help avoid more than 12,000 tons of CO2 emissions. The PPA would enable Sonnedix to supply Statkraft with green energy eliminating any risks associated with the energy market. Sonnedix was advised by Our New Energy (ONE) for this transaction.

This solar portfolio would expand the renewable energy production capabilities of Italy and would help achieve the European Union's renewable energy targets.

List of the country updates

Country updates

  • May 18, 2023

    Repsol unveils plans to develop over 1.7 GW of Italian renewable energy projects

    Repsol has planned to develop more than 1.7 GW of renewable energy projects in Italy. The project is estimated to cost around EUR500 million euros (US$550 million). The company plans to eventually gro...

    Read more
  • May 11, 2023

    Trailstone, Glennmont sign route to market PPA for 84 MW Italian wind projects

    Trailstone Group has signed a route-to-market Power Purchase Agreement (PPA) with Glennmont Partners from Nuveen which involves 84 MW of wind capacity in Italy. With this deal, Trailstone's wind...

    Read more
  • May 11, 2023

    Trailstone, Glennmont sign route to market PPA for 84 MW Italian wind projects

    Trailstone Group has signed a route to market Power Purchase Agreement (PPA) with Glennmont Partners from Nuveen which involves 84 MW of wind capacity in Italy. With this deal, Trailstone's wind...

    Read more
  • May 10, 2023

    Telecom Italia, ERG sign PPA for 200GWh/year of renewable energy

    Telecom Italia (TIM) has announced that it has expanded a 9-year power purchase agreement (PPA) with ERG. This is part of TIM's push towards clean energy, and the new agreement will add 200  GWh...

    Read more
  • May 08, 2023

    Edison signs contract with Berco for 7.1 MWp solar PV project in Ferrara

    Edison Next, a company under the Edison Group, has signed a 20-year onsite power purchase agreement (PPA) with Berco, a ThyssenKrupp Group company specializing in the manufacture of undercarriage comp...

    Read more

Share this update