Latest
Features , Editors’ Blog , Interviews
Features , Interviews , Long Reads
EDP commissioned the Sandrini I and II projects in the fourth quarter of 2024. Image: EDP Renewables North America.
Italian renewable energy company Plenitude has acquired a 49% stake in the 300MW Sandrini solar-plus-storage portfolio in California from EDP Renewables North America.
Plenitude, a subsidiary of oil major Eni, completed the deal through its US subsidiary, Eni New Energy US, for the portfolio, which consists of three projects: the 200MW Sandrini I project, the 100MW Sandrini II project and a co-located battery energy storage system (BESS), all of which share a grid connection. The company noted that the closing of the transaction is subject to customary approvals.
This article requires Premium Subscription Basic (FREE) Subscription
Unlock unlimited access for 12 whole months of distinctive global analysis
Photovoltaics International is now included.
Regular insight and analysis of the industry’s biggest developments
In-depth interviews with the industry’s leading figures
Unlimited digital access to the PV Tech Power journal catalogue
Unlimited digital access to the Photovoltaics International journal catalogue
Access to more than 1,000 technical papers
Discounts on Solar Media’s portfolio of events, in-person and virtual
Or continue reading this article for free
“Through this transaction we position ourselves in the California market, one of the most relevant for the development of renewables, further diversifying Plenitude presence in the US and confirming our commitment to invest in electric storage systems,” said Plenitude CEO Stefano Goberti. “Thanks to this acquisition we reach a total installed capacity in the country of about 1.7GW”.
Plenitude commissioned the Sandrini projects in January, and is currently completing construction work on the portfolio’s storage component, which it expects to commission this year. The company has already signed 15-year power purchase agreements (PPAs) to sell power from the Sandrini I and II projects to oil and gas major Shell and the Redwood Coast Energy Authority, a Californian community choice aggregator, respectively.
The Sandrini portfolio will form part of Plenitude’s plans to expand its global footprint to include ownership of 8GW of installed renewable energy capacity by 2027. The company has made headway at a number of projects in Spain, in particular, in recent months, including starting construction at a 220MW project last October and announcing a 850MW portfolio with Avintia Energía last May.
FREE WEBINAR – Ahead of PV Tech’s flagship manufacturing event, PV CellTech, taking place in Frankfurt, Germany on 11-12 March 2025, this special webinar will evaluate the prospects for manufacturing wafers, cells and modules in Europe. What is stopping investments? Where are the green shoots likely to come from? How can the European PV sector successfully galvanise its established know-how in research and production equipment availability?
The webinar will feature contributions from some of the most promising manufacturing developments in Europe today, in addition to expert analysis and perspectives from the U.S. and what is needed to be put in place to stimulate new factory investments and manufacturing profitability.
The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.
Messe Stuttgart Stuttgart, Germany
Meet battery manufacturers, suppliers, engineers, thought leaders and decision-makers for a conference and battery tech expo focused on the latest developments in the advanced battery and automotive industries.
Stay plugged in for all the latest information on The Battery Show Europe 2024 including:
Keynote Speakers & Conference
Overview Show Features Floor Plan & Exhibitor
News Travel & Transport information
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 17-18 June 2025, will be our fourth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2026 and beyond.
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 7-8 October 2025 is our third PV CellTech conference dedicated to the U.S. manufacturing sector. The events in 2023 and 2024 were a sell out success and 2025 will once again gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing in the U.S. out to 2030 and beyond.
Understanding PV module supply to the European market in 2026. PV ModuleTech Europe 2025 is a two-day conference that tackles these challenges directly, with an agenda that addresses all aspects of module supplier selection; product availability, technology offerings, traceability of supply-chain, factory auditing, module testing and reliability, and company bankability.
Read Next
Experts and shareholders in REC Silicon have raised questions since the company shut down its Moses Lake, WA polysilicon operation.
Glass supplier company NSC Group has opened a solar glass production line to support cadmium telluride (CdTe) thin-film PV manufacturer First Solar.
Chinese manufacturer JA Solar will supply n-type modules for the 1GW Abydos Phase II solar-plus-storage project in Egypt.
Masdar has selected Jinko Solar and JA Solar to supply modules for its 5.2GW solar PV and 19GWh battery storage project in Abu Dhabi.
Struggling Swiss solar manufacturer Meyer Burger has started a mergers and acquisitions process with interested third-party buyers.
The letter said the IRA has brought “significant investments in the health of our economy” and US$500 billion in manufacturing investments.
Subscribe to Newsletter
Most Read
Upcoming Events
Solar Media Events , Upcoming Webinars
https://www.pv-tech.org/plenitude-acquires-49-stake-in-sandrini-solar-plus-storage-portfolio/
