Concord New Energy subsidiary orders US$56.61 million storage equipment from Trina Storage

Reuters
Feb 20
Concord New Energy subsidiary orders US$56.61 million storage equipment from Trina Storage

Concord New Energy Group Ltd. said its wholly owned subsidiary Blue Heron Solar, LLC entered into a purchase contract on 13 February 2026 with Trina Energy Storage Solutions US Inc (Trina Storage) and issued a purchase order on 20 February 2026 to buy energy storage equipment for a 146 MW/292 MWh U.S. project. The total consideration is about US$56.61 million, comprising a purchase price of about US$43.22 million and tariffs of about US$13.39 million, with payment to be made in instalments. The company expects delivery by 31 August 2026 and said the supplier will provide a five-year warranty.

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