Asia Clean Capital & Dahang Microgrid to Develop 200MW Pipeline

Asia Clean Capital & Dahang Microgrid to Develop 200MW Pipeline

19 September 2018

Beijing, PRC -September 19th 2018- Asia Clean Capital (“ACC”) today announced a strategic partnership with Jiangsu Dahang Microgrid Technology Co., Ltd (“Dahang Microgrid”) and signed a solar power project cooperation agreement to co-develop a 200 megawatt solar pipeline in Mainland China.

Dahang Microgrid Chairman Xue Jun and ACC CEO Thomas Lapham signed strategic cooperation agreement

The target project sources are top local and international companies’ plants, office buildings and other projects accepted by both parties, including gird-connected projects, under-construction projects and new projects.

Dahang Microgrid specializes in micro-grid research & design and solar project build & construction. ACC has a strong solar PV market development and financing capacity. ACC and Dahang Microgrid will integrate each party’s resources in the field of PV power generation and establish a win-win long-term cooperative relationship.

Mr. Kong Xiangzhao, general manager of Dahang Microgrid, introduced its existing solar projects and operation status at the Intelligence O&M management center.

Thomas Lapham, CEO of ACC, visited Dahang Microgrid last week and shared ACC’s business focus and its plan in China market. Dahang Group Chairmen Xue Jun introduced the group’s current business map and future development strategy. Mr. Thomas Lapham said “We are very happy to establish this strategic partnership with Dahang. We will tap our respective advantages to achieve win-win growth and help more corporations to reduce their carbon footprint and meet sustainability targets.”

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. ACC’s project sites are typically large production facilities with electric demand from one to twenty megawatts, existing clients including Nestlé, Coca-Cola, Swire, COFCO, Wahaha, Danone, Volkswagen, SKF, Unilever, Andritz, WISCO, VAST, Fujitsu, Tsuneishi and others. The company has offices in Beijing, Shanghai, Tianjin, and Hong Kong.