Sonnedix acquires 2.3 MW of solar PV operating capacity in Japan

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31 August, 2020

TOKYO, Japan – On August 8th, 2020, Sonnedix Japan K.K. (Sonnedix Japan) completed the acquisition on behalf of the Sonnedix Group of companies (Sonnedix Group) of a 2.3 MW solar PV plant in the Mie prefecture, centre of Japan. The Plant has a PPA with Chubu Electric Power under the Feed-in-Tariff scheme.  The plant began operations in July 2016.

“This acquisition contributes to strengthening our position in Japan, where we have a total controlled capacity surpassing 500 MW. It also demonstrates our commitment to optimize each investment for the long-term, as we continue to actively seek opportunities to expand our global footprint” said Axel Thiemann, CEO of Sonnedix.

With this new acquisition, Sonnedix Japan manages 135.4 MW of operational capacity in the country, in addition over 380 MW currently in construction and/or development.

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About Sonnedix

Sonnedix Power Holdings Limited (together with its subsidiaries, Sonnedix) is an Independent Solar Power Producer (IPP) with a proven track record in delivering high performance cost competitive solar photovoltaic plants to the market. Sonnedix develops, builds, owns and operates solar power plants globally, including over 1GW of photovoltaic power plants in operation, as well as several hundred MW under development, in Italy, France, Spain, USA/Puerto Rico, Chile, South Africa and Japan.

For more information, please visit www.sonnedix.com
Media contact: comms@sonnedix.com

 

About Sonnedix Japan

Sonnedix Japan is a developer, asset manager, and operator of mega-solar projects in Japan, and the Japanese operator for investments made by Sonnedix (https://sonnedix.com). Click here for more information about Sonnedix Japan.

Sonnedix achieves financial close for 5.5 MW of operational capacity in the Shimane prefecture

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Tokyo, Japan – On 17 July 2020, Sonnedix Japan, on behalf of the Sonnedix Group of companies (Sonnedix Group), completed a JPY 2.4bn (EUR 20 million) project financing led by Iyo Bank.

The financing covers two operational solar PV plants acquired earlier this year in the Shimane prefecture totalling 5.5 MW. Both are ground-mounted plants and have been in operation since 2018.

“We are very pleased to have reached this latest financial close in Japan, as we continue to grow our presence in this market. During the first half of 2020, our team at Sonnedix Japan has managed to drive business forward despite the challenges we are facing, and I am incredibly proud of seeing Sonnedix expand its platform in Japan, through acquisition and development, as part of our wider growth strategy.” said Axel Thiemann, CEO of Sonnedix.

Sonnedix Japan KK (“Sonnedix Japan”) currently manages on behalf of Sonnedix 133 MW of solar PV capacity in operation, with a further 205 MW in various stages of construction.

 

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About Sonnedix

Sonnedix Power Holdings Limited (together with its subsidiaries, Sonnedix) is an Independent Solar Power Producer (IPP) with a proven track record in delivering high performance cost competitive solar photovoltaic plants to the market. Sonnedix develops, builds, owns and operates solar power plants globally, including over 1GW of photovoltaic power plants in operation, as well as several hundred MW under development, in Italy, France, Spain, USA/Puerto Rico, Chile, South Africa and Japan.

For more information, please visit www.sonnedix.com
Media contact: comms@sonnedix.com

 

About Sonnedix Japan

Sonnedix Japan is a developer, asset manager, and operator of mega-solar projects in Japan, and the Japanese operator for investments made by Sonnedix (https://sonnedix.com).

For more information, please visit www.sonnedix.jp

Sonnedix 40 MW Soma solar PV plant achieves financial close and construction is underway

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Tokyo, Japan – Sonnedix Soma Solar (40 MW) PV Plant, located in Soma city, Fukushima prefecture, reached financial close on 10 July 2020. The JPY 17.5bn (EUR 145.2 million) club financing was led by Sumitomo Mitsui Trust Bank, Limited (“SMTB”) and underwritten by SMTB, The Bank of Fukuoka, Toho Bank, The Bank of Yokohama, Fukushima Bank and Joyo Bank.
Daiwa House is the EPC contractor for the construction of this project, which is expected to be completed in early 2022. When operational, the solar plant is expected to generate over 48,000 MWh of clean electricity per year, equivalent to the amount consumed by approximately 16,000 households.
“This financial close for Sonnedix Soma Solar represents another significant milestone of our resilient and dedicated team, and it’s testament to our strong commitment to the Japanese market. Now, more than ever, we are focusing on our growth strategy, and this achievement takes us one step closer to becoming leading player in the Japanese solar sector” said Axel Thiemann, CEO of Sonnedix.
Sonnedix Japan KK (“Sonnedix Japan”) currently manages on behalf of Sonnedix group of companies (“Sonnedix”) 133 MW of solar PV capacity in operation, with a further 205 MW in various stages of construction.

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About Sonnedix
Sonnedix Power Holdings Limited (together with its subsidiaries, Sonnedix) is an Independent Solar Power Producer (IPP) with a proven track record in delivering high performance cost competitive solar photovoltaic plants to the market. Sonnedix develops, builds, owns and operates solar power plants globally, including over 1GW of photovoltaic power plants in operation, as well as several hundred MW under development, in Italy, France, Spain, USA/Puerto Rico, Chile, South Africa and Japan.
For more information, please visit www.sonnedix.com
Media contact: comms@sonnedix.com

About Sonnedix Japan
Sonnedix Japan is a developer, asset manager, and operator of mega-solar projects in Japan, and the Japanese operator for investments made by Sonnedix (https://sonnedix.com).
For more information, please visit www.sonnedix.jp

Sonnedix commences commercial operation on 32.9 MW of solar PV in Iwate, Japan

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Tokyo, Japan – Sonnedix’s 32.9 MW Iwate Miyako Mega-solar PV Plant, located in Yamada-machi and Miyako-city, Iwate prefecture, achieved commercial operation on 3 June 2020. This is the second large scale solar PV project in Japan entering operation this year that was fully developed and financed by Sonnedix Japan for the Sonnedix Group, bringing the total operating capacity in Japan to 133 MW – with a further 83 MW, expected to reach COD later in the year.

The plant is expected to produce 39,500 MWh of clean energy during its first full year of operation. This is the equivalent to powering around 13,200 households, avoiding the emission of around 19,200 metric tons CO2 per year. The electricity generated by the solar plant will be sold to Tohoku EPCO, through a 20-year Power Purchase Agreement (PPA).

Built by Daiwa House, the PV plant is powered by 340Wp modules manufactured by Hanwha Q Cells, as well as 33kW string inverters supplied by Huawei.

Axel Thiemann, Sonnedix Group CEO, said: The beginning of the operations phase for Iwate Miyako Mega-solar PV Plant marks a milestone for Sonnedix, as it consolidates our in-country-growth and expansion strategy, and positions us as one of the leading players in the Japanese solar market.

Sonnedix Japan, on behalf of the Sonnedix group of companies (the Sonnedix Group), currently manages 133 MW of solar PV capacity in operation and more than 380 MW of solar PV capacity under construction and development.

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About Sonnedix

Sonnedix Power Holdings Limited (together with its subsidiaries, Sonnedix) is an Independent Solar Power Producer (IPP) with a proven track record in delivering high performance cost competitive solar photovoltaic plants to the market. Sonnedix develops, builds, owns and operates solar power plants globally, including over 950MW of photovoltaic power plants in operation, as well as several hundred MW under development, in Italy, France, Spain, USA/Puerto Rico, Chile, South Africa and Japan.

For more information, please visit www.sonnedix.com
Media contact: comms@sonnedix.com

 

About Sonnedix Japan

Sonnedix Japan is a developer, asset manager, and operator of mega-solar projects in Japan, and the Japanese operator for investments made by Sonnedix (https://sonnedix.com). Click here for more information about Sonnedix Japan

 

Sonnedix crosses 100 MW of solar PV operating capacity in Japan with its latest acquisition

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TOKYO, Japan – Sonnedix Japan K.K. (Sonnedix Japan) has completed the acquisition on behalf of the Sonnedix Group of companies (Sonnedix Group) of two solar PV plants totalling 5.5 MW in the Shimane prefecture, west of Japan. Both plants began commercial operation in 2018.

Axel Thiemann, CEO of Sonnedix said: The acquisition of these operational solar PV plants in Japan is further testament to Sonnedix’s commitment to the Japanese market, and to optimize each investment for the long-term, as we continue to actively seek opportunities to expand our global footprint.

This acquisition brings the total operating capacity in the country managed by Sonnedix Japan to over 100 MW. In addition, Sonnedix Japan manages 237.8 MW of solar PV capacity in construction, and a total controlled capacity in excess of 500 MW.

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About Sonnedix

Sonnedix Power Holdings Limited (together with its subsidiaries, Sonnedix) is an Independent Solar Power Producer (IPP) with a proven track record in delivering high performance cost competitive solar photovoltaic plants to the market. Sonnedix develops, builds, owns and operates solar power plants globally, including over 950MW of photovoltaic power plants in operation, as well as several hundred MW under development, in Italy, France, Spain, USA/Puerto Rico, Chile, South Africa and Japan.

For more information, please visit www.sonnedix.com

 

About Sonnedix Japan

Sonnedix Japan is a developer, asset manager, and operator of mega-solar projects in Japan, and the Japanese operator for investments made by Sonnedix (https://sonnedix.com). Click here for more information about Sonnedix Japan