
Sunpower Group
Results
Sunpower divests manufacturing and services to build back better following record RMB377 million FY20 earnings
“Build back better” appears to have well and truly begun at Chinese green energy firm Sunpower, which announced a record RMB377 million ($77.4 million) earnings (or PATMI) in the FY2020 ending Dece
February 26, 2021
Contracts

Sunpower secures two manufacturing & services contracts worth RMB390 mil, to have positive impact on FY2022 results
Sunpower Group has secured two manufacturing and services (M&S) contracts worth RMB390 million ($80.5 million) on Feb 5.
February 06, 2021
Contracts

Sunpower secures manufacturing & services contract worth RMB141 mil from polycrystalline silicon industry
Sunpower Group says it has secured a manufacturing & services (M&S) contract worth RMB141 million ($29.0 million) on Feb 2.
February 02, 2021
Company in the news

Sunpower's subsidiary to expand Xinyuan Plant’s existing supply coverage in Qingdao City
Environmental protection solutions specialist Sunpower Group says its 85%-owned subsidiary company, Qingdao Xinyuan Thermal Power has entered into a concession agreement with the Jimo International
January 26, 2021
Broker's Calls
UOB KH's top picks are First Resources, Sunpower, Food Empire
Finding attractive stock picks in a volatile market can be difficult as the world continues to grapple with the Covid-19 pandemic.
January 14, 2021
M&A
Sunpower subsidiary to acquire thermal business for RMB100 mil, plus 25-year exclusive rights to supply steam to company
Hebei Changrun Environmental Technology, the wholly-owned subsidiary of Sunpower Group, has signed a thermal business transfer agreement with Hebei Sanli Group and Hebei Sanli Wool Spinning Co (col
January 12, 2021
Company in the news
Sunpower disposes manufacturing and services business for $463.0 mil
Sunpower International, a wholly-owned subsidiary of Sunpower Group, has disposed of its manufacturing and services (M&S) business for a consideration of RMB2.29 billion ($463.0 million).
January 01, 2021
Contracts

Sunpower secures M&S tender worth over RMB150 mil from SINOPEC
Environmental protection solutions specialist Sunpower has secured a manufacturing and service (M&S) tender worth over RMB150 million ($30.1 million) from China-based SINOPEC Group.
September 17, 2020
Contracts

Sunpower secures manufacturing & services contract worth over RMB60 mil
Environmental protection solutions specialist Sunpower Group has secured a manufacturing & services (M&S) contract worth over RMB60 million ($11.9 million) with China Huanqiu Contracting &a
August 31, 2020
Broker's Calls

Unlimited power for Sunpower as earnings soar even in Covid-19 pandemic: DBS
DBS Group Research has upgraded its rating of Sunpower Group from “hold” to “buy” with a higher target price of 69 cents from 49 cents previously, after the company saw revenue and earnin
August 14, 2020