Asia Clean Capital to Build 4.3MW Solar Project with Volkswagen FAW Engine21 November 2017
Asia Clean Capital (ACC) today announced a 4.3-megawatt distributed rooftop solar power supply agreement with Volkswagen FAW Engine (Dalian) CO., Ltd. Under the terms of the Agreement, ACC will invest 100 percent of the system cost and undertake the design, construction, and long-term system maintenance.
Electricity from the solar system will be provided to Volkswagen FAW Engine (Dalian) CO., Ltd. at competitive rates to ensure operational savings throughout the lifetime of the system. In addition to monetary savings, the system will make significant contribution to the local ecological environment. The 4.3 MW solar system is expected to reduce approximately 73,138 tons of CO2, 45.83 tons of SO2 and 136,526 tons of water consumption in 20 years.
The Volkswagen Group adheres to the strategy of energy conservation and environmental protection. Volkswagen FAW Engine (Dalian) CO., Ltd. undertakes many practices to protect the environment and the solar project further demonstrates its determination.
Tang Hao, Senior Vice President of Asia Clean Capital, said “The Volkswagen FAW Engine Dalian project is ACC’s second solar project with a Volkswagen affiliate factory in China. We look forward to continuing cooperation together to make an even greater contribution to environmental protection through solar.”