ACC, Canadian Solar to co-develop 200-MW rooftop pipeline in China
Rooftop solar system. Author: Martin Abegglen. License: Creative Commons, Attribution-ShareAlike 2.0 Generic
Chinese rooftop solar-focused developer Asia Clean Capital Ltd (ACC) said today it has agreed to identify and co-develop a 200-MW-plus solar pipeline in Mainland China with a subsidiary of Canadian Solar Inc (NASDAQ:CSIQ).
As part of the newly-signed cooperation agreement, ACC will provide construction and financing for the projects, while its partner will deliver technical support, engineering, design, equipment, business consultation and other services.
The two companies will leverage Canadian Solar’s global solar PV project reserve of about 10.3 GW. They plan to install solar arrays on the rooftops of facilities owned by Fortune 500 foreign-funded companies that are suitable for PV power generation.
ACC and Canadian Solar estimate that this pipeline will result in the reduction of 6 million tonnes of carbon dioxide (CO2) emissions over the lifetime of the installations.