[Nandu Power Signs a Contract for a 264 Million Yuan Energy Storage Project] SMM learned that on July 4, Nandu Power issued an announcement that the company had recently signed a Purchase Contract with a French energy storage project company (hereinafter referred to as the "Buyer"). The main content of the supply is 223MWh lithium battery energy storage system, with a contract amount of approximately 264 million yuan (excluding tax). Nandu Power provides 12-year paid warranty and operation and maintenance.
The announcement stated that the Buyer is an energy storage project company whose parent company is a French energy company that has been engaged in new energy development for many years. It mainly focuses on the development, financing, construction, and operation of renewable energy power plants such as wind energy, solar energy, hydropower, and biomass energy. It has successfully developed and implemented the construction of many large-scale solar, wind, hydropower, and energy storage projects, with good credit status and guaranteed performance capabilities.
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