-- Sonnedix said on Thursday it had secured 7.9 terawatt-hours of contracts under Italy's Energy Release 2.0 mechanism, accounting for 11.7% of the total volume awarded in the scheme.
The program, established by the Italian Ministry of the Environment and Energy Security, is designed to provide energy-intensive industries with access to stable, competitively priced electricity.
Sonnedix said the agreements will deliver fixed revenues over three years for industrial consumers, while offering over 20 years of contracted visibility for power producers.
The award comes as the company expands its footprint in Italy, where it recently surpassed 1 gigawatt of operating capacity. It is also progressing battery energy storage projects, including an 18-megawatt system under construction in Sicily.
Elsewhere, Sonnedix recently secured contracts for 670 MW of solar capacity under Italy's FER X auction, along with an additional 10 MW through a program aligned with the Net Zero Industry Act.
The renewable energy firm has a global portfolio of about 12 GW, including over 4 GW in operation, over 1 GW under construction, and a development pipeline of about 6 GW across Europe, Asia and the Americas.