Asia Clean Capital Cooperates with P&G on Solar PV Project26 October 2017
Asia Clean Capital (“ACC”) today announced a distributed solar power supply agreement with Procter & Gamble (Guangzhou) Consumer Products 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.
The solar system will make significant contribution to the local ecological environment. During its life cycle, the system is expected to reduce approximately 22 tons of SO2, 34,733 tons of CO2, and 64,835 tons of water consumption.
As stated in P&G’s 2016 Citizen Report, P&G is working towards its long-term environmental vision of powering all plants with 100% renewable energy. China has become one of the fastest growing markets for P&G, and the group has devoted itself to protecting the local environment and fulfilling its social responsibility.
Thomas Lapham, CEO of Asia Clean Capital, said “We are honored to provide solar energy to P&G Guangzhou. P&G is not only a multinational market leader in consumer goods, but also a leader in sustainable development. Together we have the opportunity to make great contribution to environment protection through solar.”