SPIC Becomes World's Largest PV Producer By Volume With 10 Million Kilowatts of Installed Capacity
Tang Shihua
/SOURCE : Yicai
SPIC Becomes World's Largest PV Producer By Volume With 10 Million Kilowatts of Installed Capacity

(Yicai Global) Sept. 7 -- Total installed photovoltaic power generation capacity at Chinese utility State Power Investment Corporation (SPIC) now exceeds 10 million kilowatts, making it the world's largest solar electricity producer by volume, the state-owned enterprise said on its website.

The firm commissioned a 100-megawatt ground PV power plant at Hainanzhou Ecological Solar Power Industry Park in western Qinghai province on Aug. 31, bringing total capacity of operational solar plants to 10.02 million kilowatts.

SPIC has developed plants in 27 provinces, autonomous regions and municipalities across the country, and also in Japan.

A large number of these high-quality distributed PV plants are located in the Yangtze River Delta, the Pearl River Delta and the Beijing-Tianjin-Hebei regions, where photovoltaic power has gained wide acceptance and higher government subsidies are offered, the company said.

SPIC's installed PV power generation capacity will reach 15 million kilowatts by 2020, when clean energy installed capacity will make up around 50 percent of the total, up from 44.34 percent at present.

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Keywords: Photovoltaic Power , Business Performance , New Energy , SPIC , SOE , Solar