I'll disagree w/Neale here - Fish don't read pH, they read TDS/osmolarity. Changing the pH by CO2 injection does not adversely affect any fish, because it has no detectable direct effect on osmolarity. What it will do is speed the solution of the aragonite (solubility is pH dependent), so boost the TDS and alkalinity of the light BW setup in which it is used. That shift is likely to be beneficial to the fish, but on the plants I am unsure.
At those lighting levels you are going to need the full range of supplements, all in balance or you will have algae city.
Biogenic decalcification in the confines of a tank can be an unmitigated disaster. Been there, done that, would be embarrassed to wear the tee. The tank I slowly adapted to light BW for Orange Chromides worked fine and did what I weanted, but after the fun was over it got boring and was under-tended with the obvious result that val became crowded and at some point went to BD and the ph exploded to >pH 10 - it does not crash down, it explodes upward. The tank, the filters, the plants, everything became sandpaper (calcium precipitation), all were trashed. And that was moderate light. Handle high light BW planted semi-closed tanks with great caution with any mass of plants capable of biogenic decalcification.
Excel provides from 1.3 -2/3 the effect of injected COs, depending on who you read. I go with the lower effect group. But I use it routinely in FW with moderate light and it does the job I need there. It was not yet available when I did my chromide tank, so i don't know if it would have affected the outcome of my inadequate care.

