May 17, 2017

A wholly owned subsidiary of mainboard-listed Sunpower Group has clinched 154 million yuan (S$31.25 million) worth of contracts from repeat customers.

The contracts were awarded by Wanhua Chemical Group Co, Sichuan Yongxiang New Energy Co (Yongxiang) and Jiangxi LDK PV Silicon Technology Co (LDK) to Jiangsu Sunpower Pressure Vessels Equipment Manufacturing Co.

Sunpower will supply a fluidised bed reactor (FBR) for a hydrogen chloride oxidation project of Wanhua Chemical, with the contract worth 39.1 million yuan, to be delivered next year. It will also provide four cold hydrogenation FBR to a high-purity polysilicon project of Yongxiang, to be delivered in batches next year, a contract worth 91.4 million yuan.

Sunpower Grp closed at: S$0.720