Concord New Energy Group Announces Major US Solar and Battery Project Transaction

Reuters01-14
Concord New Energy Group Announces Major US Solar and Battery Project Transaction

Concord New Energy Group Ltd. has announced a major asset transaction involving its wholly-owned subsidiary, Concho Pearl Solar, LLC. The transaction relates to a procurement and construction agreement for a new project in the USA, which will comprise approximately 172MW AC of solar-powered electric generating capacity and a battery energy storage system with a nominal capacity of about 432MWh.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Concord New Energy Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260114-11990878), on January 14, 2026, and is solely responsible for the information contained therein.

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