Weekly renewables M&A round-up (May 23-27)
May 27, 2022 17:26 CESTDecember 20 (SeeNews) - Chinese solar-focused developer Asia Clean Capital Ltd (ACC) said Tuesday it will install 14 MW of rooftop photovoltaic (PV) capacity in Hubei province's city of Wuhan.
As part of a development agreement with WISCO Jiangbei Group, ACC will provide the entire financing required for the project. It will be in charge of designing and constructing the rooftop solar system, and will also continue to provide long-term operation and maintenance (O&M) services for it upon completion.
The array will be deployed at the iron and steel major’s WISCO Jiangbei industrial park. China Chang Jiang Energy Corp (CCJEC) has been chosen as the general engineering, procurement and construction (EPC) contractor for the scheme, while Lerri Solar will supply the monocrystalline silicon panels.
The entire solar output will be bought by the China BAOWU Steel Group unit at below-grid rates, in order to ensure operational savings throughout the system’s lifespan, according to the press release. The PV installation is expected to be able to generate enough electricity to offset about 222,675 tonnes of carbon dioxide (CO2) emissions each year, ACC calculates.
Once up and running, the system is touted to become the largest rooftop monocrystalline silicon solar PV project in Central China.
Weekly renewables M&A round-up (May 23-27)
May 27, 2022 17:26 CESTDuke Energy equips Hawaii university with solar and storage
May 27, 2022 17:17 CESTUS stays atop EY renewables attractiveness index, Spain heads PPA chart
May 27, 2022 16:32 CESTSavannah Energy to develop up to 500 MW of renewables in Chad
May 27, 2022 16:08 CESTCelsia building 260 MW of solar farms in Colombia
May 27, 2022 15:51 CESTAgrana, RWA equip Austrian fruit juice concentrate plant with solar modules
May 27, 2022 15:36 CEST