AUGUST 16, 2023

PVTIME – At the Wuxi Promotion Conference (London) held on 9 August 2023, Jetion Solar, a subsidiary of CNBM (China National Building Materials Group Corporation), and GoldenPeaks Capital, a company specializing in the construction, operation, and investment in renewable energy sources across Europe, recently entered into a solar project cooperation agreement.

Both parties intend to invest jointly 200 million euros in building a photovoltaic module factory and photovoltaic storage integration power stations in Europe. This investment represents the largest commitment in the “Going Global” project presented at the Promotion Conference.

Established in 2006, GoldenPeaks Capital is a well-known British multinational enterprise. With a presence in 26 countries spanning six different continents, GoldenPeaks Capital is an independent producer and trader of clean energy focused on turnkey development, construction, operation, and provision of solar and wind energy.

Jetion Solar has benefitted from its close connection to its parent company, CNBM Group, the world’s largest comprehensive building materials industry group. CNBM Group possesses total assets worth 501.3 billion yuan (March 2023) and employs around 200,000 people around the world. Jetion Solar operates five manufacturing plants across China and abroad. As part of the first phase of a 5GW high-efficiency HJT cells project, which began with 5 billion yuan in 2022, Jetion Solar’s annual production capacity is set to reach 2.4GW by August 2023.

About Jetion Solar

Jetion Solar (China) Co., Ltd. is a world-renowned solar PV manufacturer, which is affiliated to China National Building Materials Group Corporation (CNBM), one of the FORTUNE 500 companies. Jetion Solar provides solar products, solutions and global EPC services to utility, commercial and residential customers all around the world and was rated as “Tier 1” on BloombergNEF Module Maker Tiering System. Currently, Jetion Solar has an annual production capacity of 2 GW of cells, 2.5 GW of modules and has 1 GW PV project development and investment capability.