Xiehe New Energy Signs 469MW Power Purchase Agreement with Tesla

Xiehe New Energy secures deal to supply 1,200GWh annually to Tesla via three US solar projects, with power delivery starting in H1 2027.

Woofun AI reports that Xiehe New Energy (00182.HK) announced its US subsidiary has executed three long-term power purchase agreements with Tesla. The contracts cover solar projects in the United States with a combined capacity of approximately 469 megawatts on the AC side. Once fully operational, these facilities will deliver roughly 1,200 gigawatt-hours of electricity to Tesla each year, with the initial project scheduled to begin power generation in the first half of 2027.