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GPC and CNBM to expand renewable energy projects in Europe

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GoldenPeaks Capital (GPC) and China National Building Material Group (CNBM) have announced plans to expand their renewable energy partnership, targeting 1GW of solar projects annually across Europe. This collaboration, building on a five-year partnership, will extend into new markets including Germany, Italy, and Greece.

GPC, already active in Poland and Hungary with 800 MW of renewable energy projects and 1.4GW under development, aims to increase its presence in Western Europe, particularly in Bavaria, Germany. CNBM, through its subsidiary Triumph, will provide engineering, procurement, and construction (EPC) services, ensuring a strong supply chain for the projects.

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