Concord New Energy (HKG:0182) subsidiary Haotai New Energy Equipment purchased solar modules from Trina Solar (SHA:688599) for 323.2 million yuan, according to a Friday filing with the Hong Kong Exchange.
The solar modules, with a capacity of 500 megawatts, will be used for a power project in Qinghai, China, the filing said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.