Engie acquires 30% equity interest in China’s Unisun

Facebook
Twitter
LinkedIn
Reddit
Email
Yesterday in Shanghai, Engie China's COO Charlotte Roule (right) signed the agreement for a 30% equity investment with Unisun Energy Group's president He Yisha (left). Source: Engie

French renewable energy giant Engie has signed an agreement for a 30% equity investment through capital increase in Unisun Energy Group, a Chinese solar PV company.

Unisun is a leader in solar in China, having developed around 500MW of PV projects since 2014. Through the investment, Engie aims to support Unisun in the development of its solar business, ownership and operational duties, as well as smart energy management. The company has an ambitious goal to develop 4GW of PV projects by 2020 in China and further contribute to the country’s pledge of 20% renewable energy in its mix by 2030.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

“The investment by the energy giant Engie into Unisun demonstrates that the innovative business model and comprehensive service capacity of Unisun is highly recognized,” said He Yisha, president of Unisun. “Engie’s strong support, in terms of experience, technology and resources will lead to a comprehensive upgrading of Unisun capacity to achieve its vision to be a competent, innovative and integrated energy provider”.

“This investment into Unisun, which develops both projects of production on wholesale electricity market and projects for business to business clients, represents for Engie the opportunity to step in the world's biggest and most promising renewable power market,” said Charlotte Roule, COO of Engie China. “It demonstrates once again the ambition of Engie to be leader of the energy transition in the world”.

This is a continuation of Engie's investment into the Asian solar market; earlier this month Engie announced it was partnering with three firms in Indonesia to develop various solar-related projects of up to US$1.25 billion investment.

Source: Engie
10 March 2026
Frankfurt, Germany
The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.

Read Next

May 21, 2025
US PV module manufacturer Silfab Solar has acquired a patent portfolio for back-contact (BC) solar cells from solar research firm EnPV.
May 21, 2025
The US International Trade Commission has voted unanimously to impose AD/CVD tariffs on solar cells from Southeast Asia.
May 21, 2025
Installation of the anchoring system for what has been badged the world’s first floating offshore solar-wind project has been completed.
May 21, 2025
The Chilean subsidiary of French utility Engie has started construction on a 151MW solar-plus-storage project in the Metropolitan Region of Chile.
May 21, 2025
A key Chinese supplier to US tracker manufacturer Nextracker is to list on the Beijing Stock Exchange.
Sponsored
May 21, 2025
Francois Cui, president of LONGi Europe, discusses the Hi-MO 9, the latest in its line-up of high-efficiency back contact PV modules.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
May 21, 2025
London, UK
Solar Media Events
June 17, 2025
Napa, USA
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 8, 2025
Asia