Sunpower bags 41.5m yuan EPC contract in Xinjiang
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
SUNPOWER Group has secured a 41.5 million yuan (S$8.5 million) engineering, procurement and construction (EPC) contract for a wastewater treatment and zero-liquid-discharge facility in Xinjiang, China.
Sunpower, an environmental protection solutions company, clinched the contract from Xinjiang GCL New Energy Material Technology Co, a subsidiary of Hong Kong-listed GCL-Poly Energy Holdings. The work will be done for the first phase of Xinjiang GCL's polysilicon project.
The contract is expected to have a positive impact on fiscal 2018 results, Sunpower said.
"We are confident that we will continue to see more business opportunities in the environmental protection sector, amid strong government efforts to improve environmental governance and anti-pollution enforcement," Sunpower chairman Guo Hongxin said in a statement.
"Moving forward, we will remain committed to expanding our EPC business in diverse industries leveraging on our solid track record and innovative technologies in the environmental protection sector."
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
