Asia Clean Capital and Canadian Solar joining forces for 200 MW pipeline in China

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It is another feather in the cap for Hong Kong’s Asia Clean Capital (ACC) as it accelerates its rooftop solar solutions business throughout 2016. The two clean energy powerhouses have already identified the pipeline, which will make up a total of 200 MW.

The solar systems will be fitted to rooftops of plant and production facilities of Fortune 500 foreign-funded companies. The projects will combined reduce an estimated 6 million tons of CO2 over the course of their lifetimes.

Module manufacturer and large project developer Canadian Solar will flex its solar expertise by providing technical support, engineering, design, equipment, and business consultation. The slightly less experienced PV developer ACC will be in charge of construction and financing of the solar systems.

It is big news for the Hong Kong company, after securing $40 million in financing earlier in the year to accelerate and expand its rooftop solar business. Just a few months ago it entered into an agreement with Butler China, to co-develop a 300 MW solar pipeline in China, so it would appear that it is looking towards strategic partnerships to expand its business in the country.