Asia Clean Capital Rolls Out Supply Agreement with Daming Group on 24 MW Solar Project

Asia Clean Capital Investment Holdings Limited announced a 24 megawatt distributed rooftop solar power supply agreement with Daming Group.

December 07, 2021. By News Bureau

Asia Clean Capital Investment Holdings Limited announced a 24 megawatt distributed rooftop solar power supply agreement with Daming Group.

Under the terms of the Agreement, ACC will invest the system and undertake the design, construction, and long-term system maintenance. Electricity from the solar system will be provided to Daming Jingjiang production base at competitive rates to ensure operational savings throughout the lifetime of the system.

In addition to monetary savings, the 24 MW rooftop solar system will help Daming Group to significantly reduce carbon emissions and achieve corporate social responsibility goals.

With an estimated cumulative green power generation in excess of 580 million kWh over its 25-year lifetime, the system is expected to reduce approximately 7,100 tons of coal consumption; 19,400 tons of carbon dioxide; 3,728 kilograms of sulfur dioxide; 4,170 kilograms of nitrogen oxide; and 28,200 tons of water consumption annually.

Founded in 1988, Daming is a leading public company in steel processing and manufacturing, and one of the top 500 manufacturing companies in China.

Daming Jingjiang project is the second cooperation in distributed solar between ACC and Daming Group. Previous cooperation is a 5.5 megawatt distributed solar system in Daming Wuxi production base, which has been connected to the grid and put into production in December 2020.

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