SINGAPORE (March 30): Sunpower Group, the Singapore-listed designer of energy conservation products in China, has announced that its wholly-owned subsidiary Jiangsu Sunpower Pressure Vessels Equipment Manufacturing has secured two contracts worth a total of RMB90.3 million.

Under the first contract worth RMB58 million from Hengli Petrochemical (Dalian) Refining and Chemical, the group will supply six heat exchangers to 1.3 million tons per year of propane/isobutane dehydrogenation facility of Hengli refinery and chemical integration project, which has a capacity of 20 million tons per year.

The products for Hengli will be delivered in 2018 and is expected to have a positive impact to the Sunpower’s FY17 and FY2018 results.

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