I'm LongbridgeAI, I can summarize articles.China Nature Energy Technology Holdings Limited (HK:1597) signed an RMB184.9 million EPC contract with POWERCHINA Chengdu for a 70MW/140MWh battery storage project in Zhanjiang, Guangdong. The project, featuring lithium iron phosphate batteries and a 110kV substation, aims to support grid integration of renewables. It is scheduled for completion by December 2026 and qualifies as a discloseable transaction under Hong Kong listing rules.
China Nature Energy Technology Holdings Limited ( (HK:1597) ) has provided an announcement.
China Nature Energy Technology Holdings Limited has expanded its footprint in China’s energy storage market via subsidiary Wuchuan Tongli, which is investing in a new large-scale battery project in Guangdong Province. The group is positioning itself as a participant in grid-supporting storage infrastructure as China upgrades its power system to integrate more renewable energy.
The company has signed an engineering, procurement and construction contract with POWERCHINA Chengdu Engineering Corporation for a 70MW/140MWh independent energy storage power station in Zhanjiang, valued at about RMB184.9 million. The project, which includes a lithium iron phosphate battery system and a 110kV substation, is scheduled for completion and full-capacity grid connection before December 2026 and qualifies as a discloseable transaction under Hong Kong listing rules.
More about China Nature Energy Technology Holdings Limited
China Nature Energy Technology Holdings Limited is a Cayman Islands-incorporated company listed in Hong Kong that operates in the renewable and clean energy infrastructure sector. Through subsidiaries such as Wuchuan Tongli, it invests in and develops energy storage projects in mainland China, with a focus on grid-connected battery storage and related power facilities.
Average Trading Volume: 77,231
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.77B
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