CHINA —Gigasun, through its wholly-owned Chinese subsidiary, has entered into a major solar power installation agreement with an industrial logistics and transportation company in Chongqing, China. The deal carries an estimated total order value of SEK 52 million over its 20-year term, with project construction scheduled to begin in the fourth quarter of 2026. Under the terms of the agreement, Gigasun will finance, install, own, and operate a rooftop solar photovoltaic system featuring a capacity of approximately 5.2 megawatts (MW).
Gigasun is a Swedish solar power company that finances, owns, and operates rooftop solar installations for commercial and industrial clients in China. Its client, a major local industrial logistics and transportation operator based in Chongqing, provides essential infrastructure and supply chain services across the region.
The solar facility is projected to yield approximately SEK 2.60 million in annual electricity sales revenue while lowering carbon dioxide emissions by roughly 2,200 tons each year. Capital expenditure for the construction and installation of the rooftop plant is estimated at SEK 22.50 million. Notably, the venture achieves full commercial viability without reliance on Chinese government energy subsidies, demonstrating the increasing price parity and competitive resilience of commercial solar assets in China's industrial sector.
This contract expansion highlights the robust demand for distributed solar installations across China’s industrial logistics centers, where large roof areas present prime opportunities for clean energy generation. By delivering zero-upfront-cost renewable energy solutions directly to commercial end-users, clean energy providers are accelerating the decarbonization of energy-intensive supply chains.
For market investors and corporate stakeholders, the deal illustrates the growth potential of long-term power purchase arrangements in Asian markets. Securing fixed 20-year revenue streams reinforces stable recurring revenue models for infrastructure investors, while helping industrial clients lower operating expenses and hit environmental targets without capital expenditure burden.
