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Lightway Solar and ACME Sign 1GW Agreement

Number of visits: Date:2019-6-7 21:41

Lightway Solar and ACME Sign 1GW Agreement

2019.6.4

Baoding Lightway Green Energy Technology Co., Ltd(“Lightway Solar”) today announced it has signed an long term solar panel supply agreement with ACME Solar Holdings Ltd.("ACME").

Guang is the general manager of the company's international sales, Liu Tao (first from left)

Signed with Mr. Gursharan Jassal (second from left), President of ACME Supply Chain

Lightway will supply 1GW(1000MW) solar panels to ACME solar projects which developed in India or other countries.The first batch of components will be delivered in June.

"We are glad to reach this 1GW solar panel supply agreement with ACME, it is significant and strategic for both parties; we appreciate for ACME giving its recognition of our supply capacity and trust in our products. We attaches great importance to the strategic partnership with ACME, 1GW solar panel supply within coming 2years will help ACME get a timely COD for its solar projects, such solar projects will bring more clean and stable energy to the local residents, meanwhile it will create more job opportunities accordingly. The signing of this agreement has played an important role in deepening and consolidating the strategic partnership between ACME and Lightway " said Mr. Liu Tao, General Manager of International Sales of Lightway Solar.

Leadership photo

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 in coming projects. ACME has delivered more than 2.7GW 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 coming years."

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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