Sunpower obtains 242 million yuan tender from China Energy Investment

China yuan coins

Sunpower Group obtained a 242 million yuan (S$48.96 million) tender from China Energy Investment subsidiary Shenhua Yulin Energy Chemical for manufacturing and services, the company said in a filing to SGX after the market close Monday.

Under the tender, Sunpower will provide services including the design, engineering and construction of a high salt crystallizer for the Yulin Recyling Economy Coal Comprehensive Utilization Project, which is one of the largest coal chemical projects globally, the filing said.

The contract is the third manufacturing and services project Sunpower has taken on for the Yulin project, for a total of 365.5 million yuan, the filing said.

“CHN Energy has been a longstanding repeat customer since 2006 and latest contract win signals its utmost confidence in Sunpower,” Sunpower said in the filing.

 

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