Independent power producer GoldenPeaks Capital Holding and China National Building Material Group have agreed to jointly pursue 1 gigawatt (GW) in solar projects across Europe. (Source: Shutterstock)
Independent power producer GoldenPeaks Capital Holding Ltd. (GPC) and China National Building Material Group Corp. (CNBM) have agreed to jointly pursue 1 gigawatt (GW) in solar projects across Europe.
The announcement by GoldenPeaks on Sep. 30 came as the Europe-focused company looked to expand its capacity into western Europe, including Germany, Italy and Greece, according to a news release.
“In Germany we will look into several projects, but especially Bavaria, with its long-sun hours and relevant industry leaders, has high potential,” said Adriano Agosti, founder and president of GoldenPeaks. “By closely collaborating with CNBM and Triumph, we are confident to meet the goal of developing 1 GW of new projects on a yearly basis. Our combined expertise will allow us to unlock exceptional opportunities in the European market and beyond.”
CNBM subsidiary Triumph Science & Technology Group serves as GoldenPeaks’ engineering, procurement and construction partner.
More than 1 GW of new projects are in the development pipeline and set to head into construction in 2025, according to the release. Another 2.5 GW are under development for 2026 to 2027.
The plans build on a partnership CNBM’s Triumph and GPC established five years ago.
“We are proud of our joint successes of the past five years and now look forward to accelerating our growth together,” said Yuxian Zhou, chairman of CNBM. “This partnership underscores our shared vision of advancing clean energy on a global scale.”
Recommended Reading
Afterthought to Asset: How Data has Transformed Oil, Gas Decision-Making
2024-12-05 - Digital data points have transformed from a byproduct of operations to the main driver of innovation in the energy industry, says Fabricio Sousa, president of Worley Consulting.
From Days to Minutes: AI’s Potential to Transform Energy Sector
2024-11-22 - Despite concerns many might have, AI looks to be the next great tool for the energy industry, experts say.
AIQ, Partners to Boost Drilling Performance with AI ROP Project
2024-12-06 - The AI Rate of Penetration Optimization project will use AI-enabled solutions to provide real-time recommendations for drilling parameters.
New Texas 30-MW Data Center Begins Construction
2024-11-11 - Dataprana’s 30-megawatt data center in La Marque, Texas will help satiate the growing demand for cloud services, Web3 applications and digital asset mining.
New Era Helium, Sharon AI Cement Permian Basin Data Center JV
2025-01-21 - New Era Helium and Sharon AI have created a JV, Texas Critical Data Centers, and are working on offtake gas supply agreements and site selection.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.