GoldenPeaks Capital and CNBM Expand Renewable Energy Partnership with 1GW Annual Project Pipeline Goal in Europe

GoldenPeaks Capital Holding Ltd (GPC), a leading independent power producer in Eastern Europe, and China National Building Material Group Corporation (CNBM), a Fortune Global 500 enterprise, have committed to strengthening their strategic partnership. They aim to develop a 1GW project pipeline annually, expanding into new markets such as Germany, Italy, and Greece.

At a high-level meeting at the Westin Grand Munich, building on five years of successful collaboration, both companies set an ambitious plan for GPC to develop 1GW of solar projects annually across Europe, with CNBM providing strong support as the EPC (Engineering, Procurement, and Construction) contractor.

Adriano Agosti, Founder and President of GoldenPeaks Capital, said: “We are thrilled to focus on additional markets in Western Europe. In Germany we will look into several projects, but especially Bavaria, with its long sun-hours and relevant industry leaders, has high potential. By closely collaborating with CNBM and Triumph, we are confident to meet the goal of developing 1GW of new projects on a yearly basis. Our combined expertise will allow us to unlock exceptional opportunities in the European market and beyond.”

Mr. Yuxian Zhou, Chairman of CNBM stated: “We are proud of our joint successes of the past five years and now look forward to accelerating our growth together. This partnership underscores our shared vision of advancing clean energy on a global scale.”