Sonnedix has pushed its Italian operating portfolio past 1.3GW after snapping up a 54MW solar acquisition, reinforcing its aggressive expansion across one of Europe’s hottest renewable markets.
The deal lands as Italy solidifies its position as a prime battleground for solar developers. Sonnedix has spent 2026 broadening its footprint through both acquisitions and organic project buildout. The company now couples solar generation with battery storage and hybrid installations, targeting grid flexibility as a core strategic pillar.
Giuseppe Maronna, managing director for Italy, framed the acquisition as evidence of accelerating momentum. He cited several milestone wins this year, including crossing 1GW of operating capacity, expanding battery storage capabilities, and locking in substantial volume through Italy’s Energy Release 2.0 mechanism. “There is far more to come from our Italian portfolio,” Maronna said.
Italy’s solar market design has shifted “in the right direction,” according to Sonnedix managing director for Italy Mario Volpe. He highlighted the prior year’s FER X auction, which awarded contracts to 474 solar projects totaling 7.69GW.
The latest transaction follows a flurry of activity. Sonnedix recently closed a €730 million financing package covering refinancing, optimization, and construction across France, Italy, Portugal, and Spain. That package supported 540MW of solar PV plus two battery storage projects. Meanwhile, a €67 million financing closed in June for four projects in Spain and Italy totaling 102MW, backed by Banco Santander, BBVA, Rabobank, and others.
In March, Sonnedix acquired six Italian solar projects from EOS Investment Management Group and Capital Dynamics, totaling 194MW across the Lazio region. Those assets carried long-term power purchase agreements.
Globally, Sonnedix manages nearly 12GW across solar, wind, and storage. Operational capacity sits at 5GW, with more than 1GW under construction and a development pipeline exceeding 5GW. The company operates across Chile, France, Italy, Poland, Portugal, Spain, and the UK.
Separately, Dutch rooftop solar installer Sunrock signed a three-year framework agreement with BGRE to assess roughly 135MWp of rooftop solar potential across more than 30 logistics and industrial properties in Germany, France, and the Netherlands. The collaboration will evaluate technical and economic feasibility for PV systems and broader energy hubs, aiming to boost onsite renewable consumption. No investment figures or project timelines were disclosed. Sunrock, founded in 2012 and acquired by COFRA Holding in 2020, employs more than 160 people and is developing projects exceeding 1GWp.
