GoldenPeaks Capital and CNBM Expand Renewable Energy Partnership

GoldenPeaks Capital Holding Ltd. (GPC) and China National Building Material Group Corporation (CNBM) have committed to an annual 1GW renewable energy project pipeline across Europe. The strategic partnership will target new markets including Germany, Italy, and Greece.

During a high-level meeting in Munich, GPC and CNBM set an ambitious plan to develop 1GW of solar projects annually, with CNBM serving as the EPC contractor. GPC, a prominent power producer in Eastern Europe, will expand its capacity into Western Europe.

Adriano Agosti, Founder of GPC, highlighted Bavaria's potential due to its long sun-hours and industry leaders. Yuxian Zhou, Chairman of CNBM, emphasized their shared vision of advancing global clean energy.

With over 1GW of projects in development and an additional 2.5GW planned for 2026/2027, the partnership integrates Triumph's local expertise with GPC’s knowledge in project development and financial structuring, aiming to push Europe's renewable energy market forward.

The collaboration builds on a five-year history of successful projects, blending innovative materials and clean energy technology with proven solar energy development. Currently, GPC operates 800MW with a 1.4GW pipeline under various stages of construction.