Nandu Power Secures 264 Million Yuan Contract for Lithium Battery Energy Storage System with French Project Company

Published: Jul 8, 2024 14:31

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[Nandu Power Wins 264 Million Yuan Order] On July 4th, Nandu Power (300068) announced that it had officially signed a "Purchase Contract" with a French energy storage project company recently. The main content of the contract involves a 223MWh lithium battery energy storage system, providing 12-year paid warranty and operation and maintenance services, with a total amount of approximately 264 million yuan (before tax). It is understood that the contract requires a 30% deposit and advance payment, and the remaining amount will be paid gradually according to different stages such as shipment, arrival, and acceptance.

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