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Tess Holdings narrows losses on solar power system installation contract from Gogin Energy
Tess Holdings Co., Ltd. <5074> narrowed its losses in the afternoon session. Around 11:30 a.m., its subsidiary Tess Engineering announced it had secured a contract from Gogin Energy, a subsidiary of The San-in Godo Bank, Ltd. <8381>, to install a solar power generation system, which was viewed as positive news.
The system will be installed at the Aomi Distribution Center Buildings No. 1 and No. 2 in Koto Ward, Tokyo. Gogin Energy will operate as the power generation business operator, supplying the generated electricity to Aomi Distribution Center Buildings No. 1 and No. 2. Tess Engineering will handle the EPC (engineering, procurement, and construction) of the solar power generation system.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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