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Sunpower secures M&S tender worth over RMB150 mil from SINOPEC

Felicia Tan
Felicia Tan • 2 min read
Sunpower secures M&S tender worth over RMB150 mil from SINOPEC
The contract is expected to have a positive impact on the group’s financial performance in FY20 and FY21.
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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.

Under the tender, Sunpower will manufacture and supply two types of LNG vaporizers, namely Submerged Combustion Vaporizers (SCV) and seawater Intermediate Fluid Vaporizers (IFV), for SINOPEC’s Large LNG receiving terminal in Shandong province.

Delivery of the contract is expected to be completed by FY21 and have a positive impact on the group’s financial performance in FY20 and FY21.

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