Asia Clean Capital Expands Solar Business in China
Date：2015-02-03 Source: Economic Daily
Asia Clean Capital Ltd. (“ACC”), a leading Distributed Solar PV developer, announced a US$40 million project finance facility from Goldman Sachs.
“The financing facility will allow ACC to accelerate and expand the growth of our rooftop solar solutions nationwide. ACC invests 100% of the project costs and provides the design, implementation, and long-term operation and maintenance of solar systems. ACC’s renewable energy solutions will benefit more and more multinational and domestic corporations of all major industries including Automobile, Consumer Packaged Goods, Food & Beverage, Healthcare, Manufacturing, Science & Technology, etc. All electricity produced through ACC’s solar projects is then provided to clients at agreed rates lower than when purchased from the local power grid.” Said Mr. Thomas Lapham, CEO of ACC.
“Goldman Sachs has a long-standing commitment to clean energy with a target to finance and invest $150 billion by 2025.” said Kyung-Ah Park, a managing director and head of the Environmental Markets Group at Goldman Sachs. ACC’s renewable energy solutions will help multinational and domestic corporations in China to reduce operating costs, decrease carbon footprint, and meet sustainability targets.