Categorized | Solar Energy

WElink Chinese deal targets 130MW

WElink Energy has signed an agreement with China National Building Materials Group (CNBM) to develop more than 130MW of solar projects in the UK in 2016.

CNBM, through its technology subsidiary China Triumph International Engineering Corp, and WElink have already built 64MWof solar projects. The two companies will now partner with British Solar Renewables to complete over 130MW.

The £1.1bn deal (€1.4bn) also includes plans to build housing units.

CNBM chairman Song Zhiping said concerning the news:

“WElink has been our trusted partner for the last five years and we are delighted to sign this strategic framework as a milestone for our rapid expansion in the UK and internationally in renewable energy and affordable housing.”

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