Concord New Energy Signs 469 MW Solar Power Deals with Tesla in the US

Published: Aug 3, 2026 10:45

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On July 31, Concord New Energy announced that its wholly-owned US subsidiary signed three long-term power purchase agreements with Tesla, involving three solar projects with a total capacity of approximately 469 MW (AC side).

Once the projects reach full capacity, the company will supply Tesla with approximately 1,200 GWh of electricity annually in the US, with the first project expected to commence power supply in H1 2027. This cooperation aims to capture the growth opportunities in clean energy demand in the US driven by electrification, industrial growth, and the expansion of data centers and artificial intelligence infrastructure.

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