Switzerland headquartered GoldenPeaks Capital (GPC) and China National Building Material Group Corporation (CNBM) are expanding their partnership with the goal of developing a 1 GW annual solar project pipeline across Europe, specifically targeting new markets in Germany, Italy, and Greece. The expansion builds on a five-year partnership. Under the new agreement, CNBM, through its subsidiary Triumph Science & Technology Group, will support GPC as the Engineering, Procurement, and Construction (EPC) contractor. GPC currently manages 800 MW of renewable energy projects and has 1.4 GW in the development pipeline. The first 1 GW of new projects is expected to begin construction in 2025, with an additional 2.5 GW planned for 2026 and 2027.
GoldenPeaks and CNBM target 1 GW annual solar projects
GoldenPeaks Capital currently operates 800 MW of renewable energy projects with an additional pipeline of 1.4 GW under construction. (Image Source: GoldenPeaks Capital)
Actualize Solar has signed five long-term PPAs in 2024, advancing its 1.5 GW solar project portfolio across six US states. (Image Source: Businesswire)
Located in Enna and Catani a, the 242.78 MW solar plant was designed to produce 400 GWh annually, meeting the needs of 154,000 households. (Inage Source: Iberdola)
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)