CONCORD NE (00182.HK) gapped up 14.08% at the open today (3rd), reaching a peak of HKD0.415. It last printed at HKD0.395, up 11.27%, with turnover of HKD5.9297 million.

CONCORD NE announced that the Company’s wholly owned subsidiaries in the US entered into three long-term Power Purchase Agreements (PPAs) with Tesla (TSLA.US) for solar projects in the US.

The long-term PPAs cover three solar projects with a total capacity of approximately 469 MW (AC). Upon full operation of all three projects, the Company will supply Tesla with approximately 1,200 GWh of electricity annually in the US. The first project is expected to commence power supply in the first half of 2027.
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AASTOCKS Financial News
Website: www.aastocks.com

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