Weihai, PRC—31^th July – The Huali Weihai solar station, which was invested in and built by Asia Clean Capital Limited (“ACC”), has been connected to the national grid last Friday. The system was installed on the rooftop of the Shandong Huali Electric Motor Group Co., Ltd. with a total capacity of 4.05 megawatts. Under the terms of the solar power supply 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 Huali at an agreed price 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. During its 25-year life cycle, the total electricity output of ACC solar system is approximate 103 million kWh, compared to conventional coal-fired power stations, the system can reduce approximately 32,279 tons of coal, 76,856 tons of CO₂, 48 tons of SO₂, and reduce approximately 143,464 tons of water consumption.

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 Nestle, 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.

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