Concord New Energy to Invest USD $113 Million in a New Solar Project in the United States

Singapore-headquartered Concord New Energy (CNE) has announced a major USD 113 million investment in a new solar energy project in the United States — a landmark step in the company’s continued international expansion and commitment to clean energy development.

The project reinforces CNE’s strategy to grow its global renewable energy portfolio, combining high-quality investment with proven project execution. It also reflects the company’s confidence in the U.S. clean energy market, one of the world’s most active regions for solar power development.

Why This Project Matters

This large-scale solar project will generate clean, renewable electricity while integrating energy storage technology to ensure a more stable power supply. By combining solar generation with battery storage, the project can store excess energy during the day and release it when demand is high, which helps reduce carbon emissions and strengthen local energy resilience.

For CNE, this investment represents more than a single project. It highlights the Group’s role in advancing global decarbonisation through practical, high-impact solutions that deliver both environmental and economic value.

Building on a Record of Global Success

The new U.S. project builds on CNE’s growing international portfolio, which already includes clean energy developments across North America, Europe, and Asia. As a renewable energy developer with a strong operational track record, CNE continues to expand its reach into mature and emerging markets alike.

By working with experienced partners and adhering to rigorous project management standards, CNE ensures each project is delivered safely, efficiently, and to world-class standards. This disciplined approach strengthens investor confidence and supports sustainable long-term returns.

Driving Sustainable and Inclusive Growth

Beyond clean electricity generation, the project will bring broader benefits such as supporting local employment during construction, enhancing grid reliability, and contributing to the U.S. energy transition.

CNE remains deeply committed to its environmental, social, and governance (ESG) principles. Each new project is developed with the goal of reducing carbon emissions, protecting the environment, and promoting responsible energy development that benefits communities.

Looking Ahead: Expanding the Clean Energy Frontier

As the world accelerates its shift toward low-carbon energy, CNE is positioned to play a leading role in shaping a cleaner, smarter, and more resilient future.

The USD $113 million investment in the United States marks another milestone in CNE’s global journey, demonstrating how the company combines strategic vision, financial discipline, and technical excellence to deliver projects that power both economies and sustainable progress.

About Concord New Energy

Concord New Energy Group Limited (Stock Code: 182.HK) is an international renewable energy company headquartered in Singapore. The Group develops, invests in, and operates wind, solar, and energy storage projects worldwide, delivering clean and reliable power to support a sustainable global energy future.