GoldenPeaks Capital, together with its strategic construction partner CNBM Group and equipment supply partner Jetion Solar have signed a 300MW supply contract for Jetion’s JTSSh high performance bifacial photovoltaic modules. A significant portion of the modules have already been manufactured, shipped and delivered to Poland with the balance to be delivered in December 2021. Jetion Solar is a Bloomberg New Energy Finance (BNEF) Tier 1 module supplier and produced the modules at its state-of-the-art 1 GW facility in Tongcheng, Anhui, China.
Last week Daniel Tain, President of GoldenPeaks Capital, oversaw the shipment of a further 45 MW of panels to Poland, this follows the 35MW already shipped in October. GoldenPeaks Capital has allocated these panels to their Foxtrot, Gamma and Charlie portfolios in Poland which have commenced construction and will be connected to the grid in 2022.
Jetion Solar has been able to leverage its close relationship to its parent company CNBM Group which is the world's largest comprehensive building materials industry group with total assets of 610 billion yuan, 200,000 employees around the world, and 13 listed companies (including 2 overseas). The CNBM Group has been listed in the Global Fortune 500 list for eleven consecutive years ranking 177 in 2021, and is also the largest domestic supplier of ultra-thin electronic glass. Jetion is able to leverage the procurement capabilities of the wider organisation as well as its preferential access to the CNBM Group products to secure supplies of critical raw materials such as ultra-thin glass as well as shipping capacity when the market is constricted.
Present at the signing were Daniel Tain, President of GoldenPeaks Capital, Professor Peng Shou, Chairman of CNBM Triumph Group, Sun Jie, Chairman of Jetion Solar.
Daniel Tain commented: “When other suppliers have been suffering from raw material shortages or energy black outs, CNBM Group and Jetion Solar have proved themselves to be a reliable and resourceful combination.”
Professor Peng Shou commented: “CNBM Group is strengthening its position as a leading EPC contractor in Europe. We are pleased to support our partners GoldenPeaks Capital and Jetion Solar and build on the existing successful relationship.”
Sun Jie commented: “Once again GoldenPeaks Capital has chosen our high performance and reliable bifacial solar panels to power its rapidly growing portfolio in Europe. we are confident that Jetion Solar can maintain a harmonious and strong partnership with GPC and help GPC’s further expansion in the clean energy sector.”
