As the biggest photovoltaic corporation in Xiangtan, Xingye Solar Power Corporation has two branches, a demonstrative project of 20 megawatts concentrated photovoltaic power generation and six photovoltaic street light belts. Being in operation for only one and half a year, it is estimated that it will achieve 1.5 billion Yuan of output value for the year 2012.
According to the Hunan provincial working conference on the promotion of top ten clean and low-carbon technologies, held on December 7th in Changsha, Xiangtan, known for its active promotion and application of photovoltaic power generation technology has been taking the lead across Hunan in the field of popularizing new technologies for power generation.
According to the plan, by the end of 2015, the installed capacity of new energies should occupy 15% to 20% of the total installed capacity across Hunan and the generated energy from them should account for 5% to 10%.
Zhang Wenxiong, secretary Working Committee of the Pilot Zone of Changsha-Zhuzhou-Xiangtan City Cluster stated that this project has proved speeding up of technological innovation and promoting clean and low-carbon technologies will lead to a brilliant future.