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Lightway Solar to Supply 57.5 MW of Solar Modules to ACME India

Number of visits: Date:2019-1-16 14:54

Lightway Solar to Supply 57.5 MW of Solar Modules to ACME India

Baoding Lightway Green Energy Technology Co., Ltd(“Lightway Solar”) today announced it has signed an agreement to supply 57.5MW of solar modules to ACME Cleantech Solutions Ltd.("ACME"). This new agreement brings the total signed quantity with ACME exceed 100MW.

The ACME group technology manager is on an inspection tour for the company

According to the agreement, approximately 175,000 Pieces of Lightway modules LW6P72 will be installed on two ground-mounted solar power plants in India. The shipment will be completed in the first quarter of 2019.

"We are glad to give our contribution to fulfill renewable energy target of India through our cooperation with ACME, Lightway modules were proved with satisfactory performance and a competitive LCOE" said Jianling Ma, CEO of Lightway Solar. "As the biggest solar market outside of China, India installation capacity is keeping increasing year by year. We believe this agreement not only demonstrates our growing brand awareness, recognized of products quality in India, but also proves our expanding business in the region in 2019. We are looking forwards to win more market opportunities in India with ACME."

Mr. Gursharan Jassal, Head Procurement at ACME, added, "We first started our partnership with Lightway Solar in 2018. We are delighted to further deepen our relationship with Lightway Solar on these two projects in India. ACME has delivered many successful projects in the past. Looking into the future, we are also very optimistic about India's solar prospect and are expediting projects portfolio expansion. We have strong faith in Lightway Solar's dedicated team, comprehensive products and superior product quality and look forward to more partnership with Lightway Solar in 2019."

About ACME Solar 
ACME Group was established in year 2003 and is headquartered in Gurugram, India. ACME started as a provider of innovative green solutions and introduced patented products like Power Interface Unit (PIU), Green Shelter, Phase Change Material (PCM), etc. for Telecom Sector.

ACME forayed into Solar Energy Generation in year 2011 is now India’s largest Independent Solar Power Producer and a market leader with a portfolio of above 2.5 GW (DC) of operational projects and close to 3 GW (DC) under various stages of development. The Group builds its own plants and has a strong in-house EPC and O&M team that allows tight control over plant design, construction quality and operational performance. The portfolio is well diversified with presence in 13 states on India. The group has committed capital of close to $1.7 Bn into solar business.

ACME has also ventured into Energy Storage to complement Energy Generation and is the first Indian Company to provide solution for stationary and mobility application covering all segments.

For more information, please visit www.acmesolar.in

About Lightway Solar 
Lightway Solar is a 10year manufacturer of photovoltaic modules. Founded in 2008 with vertically integrated production line from Ingot Casting, Wafer Slicing, Cell Printing and Module assemble. With 10years know-how and experience, Lightway keep the pace of technology innovation and upgrade its production line to meet the higher demands of developers and end users. Lightway business scope have been covered China, Japan, Australia, India, Europe, Mexico, etc, with providing service and supports to our strong partners. These partners are the driving force behind the continued supply of high quality and reliable output solar panels for the worldwide. For more information, please visit www.lightwaysolar.com
 

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