Gulf Oil and Gas accountACCOUNT

ACC & VAST Cooperate on Rooftop Solar PV Station in China

Source: www.gulfoilandgas.com 1/10/2017, Location: Asia

Share |
Asia Clean Capital ("ACC") announced a 1.15-megawatt solar power supply agreement with VAST China Co., Ltd ("VAST") at the VAST production base located in Taicang, Jiangsu province. Under the terms of the 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 VAST at below-grid rates to ensure operational savings throughout the lifetime of the system.

In addition to monetary savings, the rooftop solar system will assist in achieving sustainability goals. Over its lifetime, the system will save approximately 22,325 tons of CO2, or the equivalent of 12.6-million liters of gasoline.

"ACC is pleased to establish this long-term strategic partnership with VAST through renewable energy," said Thomas Lapham, CEO of ACC. "VAST provides a full range of products and services for the automotive industry and has manufacturing bases worldwide. We believe this initial project in Taicang can serve as a demonstration to encourage expansion of this cooperation model to VAST's other facilities."

Solar thermal Energy News in China >>

China >>  3/28/2017 - Following the significant increase in December, China’s crude oil imports dropped in January by 554 mb/d, or 6%, from the previous month to average 8 ...
Russia >>  3/22/2017 - In January, inflation reached its slowest rate of increase since June 2012 at 5.0% y-o-y. In February, inflation eased further to 4.6% y-o-y. The cent...

Brunei Darussalam >>  3/10/2017 - Amec Foster Wheeler has been awarded a major contract by Brunei Shell Petroleum Sdn Bhd (BSP) for the rejuvenation of assets in Brunei. The work inclu...
China >>  3/8/2017 - The latest information for China showed total commercial oil inventories fell slightly by 0.4 mb in December to stand at 362.8 mb, which is 21.3 mb lo...

Russia >>  12/8/2016 - Glencore notes the announcement released by the Russian government regarding the privatization of shares in Rosneft. ...

Related Categories: Biomass Energy  General  Geothermal Energy  Hydropower  Photovoltaic Solar Energy  Solar thermal Energy  Wind Energy 

Related Articles: Biomass Energy  General  Geothermal Energy  Hydropower  Photovoltaic Solar Energy  Solar thermal Energy  Wind Energy 


China Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 |

More News

 

Oil & Gas Companies in China >>


Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.