Asia Clean Capital and Kyocera China Initiate A 100 MW Solar PV Project

BEIJING, May 11, 2016 /PRNewswire/ — Asia Clean Capital ("ACC") and Kyocera (China) Sales & Trading Corporation ("Kyocera") today jointly announced a cooperation agreement on a 100 megawatt solar PV project in the Suzhou area of Jiangsu province. Under the terms of the Agreement ACC will provide financing for the solar systems and Kyocera will provide technical support, engineering design and other services.

The 100 megawatt solar PV project will be installed on the rooftop of Fortune 500 foreign-funded companies' plants and office buildings, as well as other target projects that meet the strict set of criteria accepted by both parties.

According to Mr. Thomas Lapham, CEO of ACC, "Kyocera produces some of the most advanced and reliable products in the PV industry. The win-win cooperative relationship between Kyocera and ACC will tap each firm's respective advantages and make a significant contribution to improving the environment."

About Asia Clean Capital

Asia Clean Capital Ltd. ("ACC") is a leading clean energy solutions developer that serves large multinational and domestic firms throughout China. Focused on rooftop solar projects, ACC invests 100 percent of the project costs and provides the design, engineering, equipment, government approvals, installation, and long-term maintenance of solar systems. All electricity produced is then provided to clients at agreed rates lower than when purchased from the local power grid. Typical project sites are large production facilities with electric demand of between one to twenty megawatts. The company is based in Hong Kong with an additional office in Beijing, China.

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