Asia Clean Capital (ACC) has signed a distributed power supply agreement with leading skin care company Nivea (Shanghai) to build a rooftop solar system and solar carport at Nivea's factory in Qingpu, Shanghai.
Under the terms of the Agreement, ACC will invest 100% of the system cost and undertake the design, construction, and long-term system maintenance.
Try Premium for just $1
- Full premium access for the first month at only $1
- Converts to an annual rate after 30 days unless cancelled
- Cancel anytime during the trial period
Premium Benefits
- Expert industry analysis and interviews
- Digital access to PV Tech Power journal
- Exclusive event discounts
Or get the full Premium subscription right away
Or continue reading this article for free
Nivea aims to reduce its consumption of water, energy and scarce raw materials in production and sales and will benefit from self-consumption of the solar projects’ generation.
Electricity from the solar system will be provided to Nivea Shanghai at competitve rates to ensure operational savings throughout the lifetime of the system.
Tang Hao, senior vice president of ACC, said: “We are delighted to cooperate with Nivea to develop this solar system. We look forward to continuing cooperation together to boost the skin care industry's sustainable development.”
EDF Energies Nouvelles and ACC recently announced a joint venture to build and operate a pipeline of distributed rooftop solar projects in China.
