Asia Clean Capital Kicks off Solar Facility for AB InBev in Yunnan23 May 2019
Beijing, PRC—May 22nd 2019—Asia Clean Capital (“ACC”) today announced that it has begun commercial operations of a 2 megawatt rooftop solar project with AB InBev for their brewery in Yunnan Province.
Under the terms of the Agreement ACC financed system cost and undertook the design, construction, and long-term system maintenance. Renewable electricity from the solar system will be provided to AB InBev throughout the lifetime of the system.
The 2 megawatt solar system will also help to reach sustainability goals. Over its lifetime, the system will save approximately 38,000 tons of CO2, or the equivalent of 16-million liters of gasoline. In addition to monetary savings, the environmental benefits are significant, helping AB InBev to achieve its corporate social responsibility goals.
According to Thomas Lapham, CEO of Asia Clean Capital, “AB InBev is the world’s largest and most respected brewing company. ACC is excited to begin cooperation on this facility and looks forward to expanding together throughout the region.”
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 and has offices in Shanghai, Beijing, and Shandong.
|Media Contact:||Investor Contact:|
|+86 10 5869 1319||+8610 5869 1338|
|ACC Media Relations||ACC Investor Relations|