ACC and Nestlé Cooperate on Rooftop Solar7 December 2016
Beijing, PRC—December 7th, 2016—Asia Clean Capital (“ACC”) today announced a rooftop solar power supply agreement with Nestle Sources Tianjin Ltd., at their production facility in Ji County, Tianjin. Under the terms of the Agreement ACC will invest 100 percent of the system cost and will undertake the design, construction, and long-term system maintenance.
Electricity from the solar system will be provided to Nestle Sources Tianjin facility at competitive rates to ensure operational savings throughout the lifetime of the system.
In addition to monetary savings, the distributed solar system will assist in achieving sustainability goals. Over its lifetime, the system will save approximately 13,478 tons of CO2, or the equivalent of 5.74-million liters of gasoline.
“ACC is honored to provide solar energy to Nestle in Tianjin” said Thomas Lapham, CEO of ACC. “Nestlé is the largest food and beverage company in the world. They are not only a leader in enhancing healthier lifestyles, but also a leader in sustainable development. Together we have the opportunity to make an outstanding contribution to the environment through solar.”
About Asia Clean Capital
Asia Clean Capital Ltd. (“ACC”) is a leading clean energy solutions developer that serves large multinational and domestic firms throughout China. Focused on rooftop solar projects, ACC invests 100 percent of the project costs and provides the design, engineering, equipment, government approvals, installation, and long-term maintenance of solar systems. All electricity produced is then provided to clients at agreed rates lower than when purchased from the local power grid. Typical project sites are large production facilities with electric demand of between one to twenty megawatts. The company is based in Hong Kong with an additional office in Beijing, China.
Media & Investor Contact:
+86 10 5869 1319