- Sonnedix secures a significant volume share in Energy Release 2.0, accounting for 11.7% of the total awarded volume
- Commitments provide stable contracted revenues over a 3-year period for electro-intensive customers and for more than 20 years for producers
- Strong momentum for Sonnedix in Italy, with the business having recently surpassed 1GW operating capacity
Sonnedix, a global renewable energy company with 12GW of total capacity, has secured 7.9TWh of contracts in Italy’s Energy Release 2.0 mechanism, winning 11.7% of the total awarded volume.
Established by the Italian Ministry of the Environment and Energy Security, the Energy Release scheme is designed to benefit energy-intensive consumers by facilitating access to reliable and competitively priced electricity.
The award comes at a time of strong momentum for Sonnedix in Italy. The company has recently surpassed 1GW of operating capacity in the country and is advancing the hybridisation of its portfolio with new battery energy storage system (BESS) projects, including a co-located 18MW / 4h system currently under construction in Sicily.
In addition to the Energy Release results, Sonnedix has achieved significant outcomes in recent months across the main competitive schemes and Italian auctions, securing contracts for 670 MW of solar capacity under the FER X auction and 10 MW under the program aligned with the Net Zero Industry Act (NZIA).
Axel Thiemann, CEO of Sonnedix, commented:
'This result marks another important milestone for Sonnedix in Italy, reflecting the underlying strength of our portfolio and the team’s commitment to excellence. This success demonstrates our continued ability to deliver reliable, competitively priced renewable power to energy-intensive customers. We are proud to have delivered such a strong performance within this innovative scheme, which is helping to drive forward the country’s energy transition.'
Mario Volpe, Sonnedix’s Representative Director for Italy, said:
'This excellent result strengthens our position in the Italian market as we accelerate the delivery of renewable energy in support of Italy’s energy transition. Having recently surpassed 1GW of operating capacity, we are on track to reach 2GW by 2028. The volume awarded reflects the strong technical quality of our portfolio, with many projects strategically located to support the continued hybridisation of our assets and enhance overall system flexibility.'
About Sonnedix
Sonnedix is a global renewable energy company delivering 100% clean electricity directly to customers, through a diversified portfolio of solar, wind, and storage assets. With nearly two decades of sustainable growth, Sonnedix continues acquiring, developing, building, and operating renewable energy projects for the long-term, delivering innovative and tailored solutions to their customers.
The company currently has 12GW of total capacity in its portfolio, with more than 1GW under construction, 4GW in operation and a development pipeline of 6GW, across Chile, France, Germany, Italy, Japan, Poland, Portugal, Spain, and UK. The company continues to expand its global footprint across OECD countries, through acquisitions and development of renewable energy projects.
Source: Sonnedix
