Shunfeng and state nuclear subsidiary promote large-scale clean energy in ‘regions such as Europe’

Facebook
Twitter
LinkedIn
Reddit
Email

Shunfeng International Clean Energy (SFCE) and a branch of the state-owned China General Nuclear Power Group have signalled their shared intent to develop clean energy facilities in regions including Europe.

Shunfeng owns PV module manufacturer Suntech and a number of other interests, including the a Germany-based operations and maintenance (O&M) firm launched in October, Raising Power. A month before that the company also bought project developer SAG Solarstrom, also from Germany, which had become insolvent.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

A statement announcing the strategic agreement with China General Nuclear Power Group subsidiary CGN European Energy was fairly unclear on the exact scope of the partnership between the two. However, the CEO of CGN European Energy, Lu Wei, revealed that the companies were likely to focus on large-scale clean energy projects in Europe.

“The cooperation is mutually beneficial, fully leveraging our capital, as well as our market and technology advantages in the clean energy sector. It is aimed at promoting large-scale clean energy applications in regions such as Europe, and facilitates the rapid development of clean energy around the world,” Lu Wei said, talking up Shunfeng’s experience in developing PV power plants, energy storage and in O&M.

Wei said that as well as nuclear, his own company had been involved in overseas projects in clean energy, in managing assets, mergers and acquisitions as well as development and construction.

In September 2014, parent company China General Nuclear Power Group raised US$227 million in an IPO on the Hong Kong Stock Exchange for renewables, exceeding an expected US$197 million. That amount was raised for another subsidiary, Meiya Power.

Opportunities for utility-scale are much less apparent in Europe than they had been in the past few years, although they do exist. Germany is holding auctions to tender 1.2GW of large-scale solar between now and 2017, while Turkey’s utility-scale market is starting to gather interest, with fellow vertically integrated Chinese PV manufacturer Yingli Green recently completing its first project there.

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

October 7, 2025
Econergy will acquire 100% stake in the 155MW Ratesti solar project in Romania, further expanding its European renewable energy portfolio.
October 7, 2025
Juniper Green Energy through its subsidiary Juniper Green Sigma Eight has signed a 70MW power purchase agreement with renewable energy giant Tata Power. 
October 7, 2025
Solar PV will account for almost 80% of the 4.6TW of new renewable power expected to be added by 2030, according to the International Energy Agency (IEA).
October 7, 2025
OpenSolar has secured US$13.1 million in equity financing from technology investors, including Titanium Ventures, Google and others.
October 7, 2025
The government of Victoria, Australia, has launched the an incentive scheme to encourage businesses to install rooftop solar installations.
Premium
October 6, 2025
Talon PV aims to be the first US company to safely manufacture TOPCon cells at scale, backed by European technology and a crucial First Solar licensing deal.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 7, 2025
Manila, Philippines
Solar Media Events
October 7, 2025
San Francisco Bay Area, USA
Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland