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Acme International Signs Solar Framework Deal With LONGi for Southeast Asia, Oceania

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Acme International's (HKG:1870) wholly owned subsidiary, Green Global Development, has entered into a non-binding cooperation framework agreement with LONGi Solar Technology to develop green power projects in Southeast Asia and Oceania, according to a Thursday Hong Kong bourse filing.

Shares of the building maintenance provider were down more than 2% in Friday morning trade.

The cooperation covers investment, construction, operation, and product supply for solar and energy storage projects across New Zealand, Australia, and Pacific Island nations.

The parties are targeting more than 300MW of solar capacity and more than 60MW/240 MWh of energy storage under the arrangement.

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