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Sunpower Group unit secures 23 million yuan contract for China's first coal liquefaction plant
MAINBOARD-LISTED Sunpower Group, which designs and builds energy conservation products in China, has secured a 22.58 million yuan (S$4.6 million) contract to provide services for a coal liquefaction project in Inner Mongolia.
The contract, given to its wholly owned subsidiary Jiangsu Sunpower Technology, was from China Shenhua Coal to Liquid and Chemical (CSCLC). Sunpower Group will provide engineering, procurement and construction (EPC) services to CSCLC's direct coal liquefaction project.
In particular, Sunpower will deploy its crystallisation separation technology, which recycles most of the industrial sodium sulphate salts and produces less of the remaining mixed salts that would otherwise have to be disposed of.
The EPC contract award marks Sunpower's first zero-liquid-discharge salt separation project in China, it said. It will be completed next year, and have a positive impact on its FY2017 results.
The Shenhua Direct Coal Liquefaction Project is China's first coal liquefaction plant, and aims to showcase advanced clean coal technology.