Enlightify & Gaintime Fund partner to develop 500 MW renewable projects

Enlightify Inc., headquartered in China, has signed a strategic cooperation agreement with Gaintime Fund, a major Beijing-based investment firm specializing in new energy projects. The agreement establishes the Overseas Ready-to-Build (RTB) Development Fund, aiming to develop at least 500 MW of renewable energy capacity annually, focusing on solar, wind, and hydropower. Initial efforts will target Europe and Southeast Asia, with identified projects in Bulgaria, Italy, Spain, Bosnia, and Romania, ranging from 30 MW to 287 MW. Several projects have already secured necessary permits and approvals. To ensure effective implementation of portfolio, both companies will set up high-level consultation and coordination mechanisms. According to Enlightify, the collaboration follows principles of openness, and long-term cooperation, combining Enlightify’s renewable energy expertise with Gaintime Fund’s investment capabilities.