GoldenPeaks Capital Holding Ltd (GPC), a leading power producer in Eastern Europe, and China National Building Material Group Corporation (CNBM), a Fortune Global 500 company, have reinforced their partnership, aiming for a 1GW annual solar project pipeline across Europe. At a high-level meeting in Munich, both companies set plans to expand into new markets, including Germany, Italy, and Greece, with CNBM serving as the EPC contractor.
GoldenPeaks Capital, a key player in Eastern Europe and a top photovoltaic system owner in Poland and Hungary, will now extend its reach into Western Europe. Adriano Agosti, Founder and President of GPC, expressed excitement about exploring new markets, especially in Bavaria, Germany. He emphasized that close collaboration with CNBM and its subsidiary, Triumph, would be key to achieving the ambitious 1GW annual development goal.
Mr. Yuxian Zhou, Chairman of CNBM, highlighted the success of the five-year partnership and the shared commitment to advancing clean energy globally.
With more than 1GW of projects already in development, GPC plans to begin construction on 1GW in 2025, with another 2.5GW scheduled for development through 2026/2027. GPC and CNBM’s partnership, leveraging GPC’s solar energy expertise and Triumph’s innovative materials and technology, has been instrumental in scaling renewable projects across Europe. Currently, GPC operates 800MW of renewable energy, with 1.4GW in the pipeline.
Daniel Tain, Co-Founder of GPC, noted that the strengthened partnership represents a significant milestone, with both companies set to meet the 1GW target and contribute to a cleaner energy future.
