1GW/Y! GPC and CNBM to Add More PV Projects in Europe

PVTIME – On 29 September 2024, GoldenPeaks Capital (GPC), a company specialising in building, operating and investing in renewable energy sources across Europe, signed a strategic cooperation agreement with China National Building Material Group Co., Ltd.(CNBM Group), a leading manufacturer of building materials and a leading global integrated service provider, in Munich, Germany, to further deepen cooperation between the two sides in European solar energy projects.

Since the two sides joined hands in renewable energy projects in 2019, sixteen projects have been signed between GPC and Triumph Science & Technology Co.(Triumph, 600552.SH), a subsidiary of CNBM Group, with a cumulative installed capacity of 1.4GW, of which 800MW is operational.

The two sides have agreed to further cooperate with Triumph’s EPC service to promote the deployment of solar power in Europe, with an additional 1GW of projects per year beyond the original plans.

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