Sonnedix closes finance for 34MW Japan PV

Sonnedix Japan has closed finance for two solar projects in Japan with a combined capacity over 34MW.

The company said MUFG Bank was the lead negotiator for a combined facility size of ¥13,247m (€97.3m).

The projects are the 18.1MW Hanamizuki and 16.4MW Motegi.

Hanamizuki was acquired in the first quarter of 2022 at the operational stage from Thai Solar Energy Public Company, while the Motegi was bought in late 2021 from Trina Solar Japan Energy and started construction in January.

Sonnedix chief executive Axel Thiemann said: “We are very proud of our growth and expansion in Japan, where we have established ourselves as a trusted solar IPP, developing key partnerships with financial institutions like MUFC Bank, allowing us to continue building and operating solar PV plants, pushing the country’s energy transition forward.”

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