The France-headquartered utility has paid an undisclosed sum for a 30% stake in the China-based solar project developer as part of a joint venture agreement.
Energy utility Engie has invested an undisclosed amount in China-based solar project developer Unisun, taking a 30% stake in the process.
Unisun develops, invests in, operates and maintains turnkey solar photovoltaic plants, and has subsidiaries in in Japan, Germany, the Netherlands and the Philippines as well as China.
The company has deployed about 500 MW of plants since it was founded and has 1 GW of projects in the pipeline. France-headquartered Engie made the investment as part of a joint…
