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Linyang Energy wins Mauritian energy storage project

June 12, 2025 at 05:14 PM UTCBy FilingReader AI

Jiangsu Linyang Energy (SSE:601222) announced that its subsidiary, Jiangsu Linyang Electric Power Service Co., Ltd., has won a bid for a government-tendered grid-side energy storage project in Mauritius. The consortium, including China Water and Electric International, will design, manufacture, supply, install, test, and commission two 20MW/60MWh battery storage systems, totaling 40MW/120MWh. The contract is valued at MUR 83.41 million plus USD 23.21 million, equating to approximately CNY 179.43 million. The company stated the win is expected to positively impact operating results in 2025 and beyond, representing 2.66% of the company's audited 2024 revenue.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SSE:601222Shanghai Stock Exchange
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