Shandong, Jining 40 million subsidies for new energy and new light source indirect benefit

Shandong Jining announced new energy equipment subsidies, new products such as light source, power generation, this year will be on the solar photovoltaic roof and LED lighting integration, LED lighting, new energy vehicles and other four kinds of fiscal subsidies, subsidies amount to about 40 million yuan, the UMC will indirectly benefit.

The subsidy policy, mainly for the solar power roof, a one-time subsidy of 10 yuan per watt, grants this year the total size of 1000KW, subsidy funds of about 10 million yuan; the project demonstration and integration of photoelectric LED lighting, a one-time subsidy of 20 yuan per watt, grants this year the total size of 500KW, subsidy funds of about 10 million yuan.

The electric equipment manufacturers that meet the green business opportunities, LED, solar energy production capacity in the second half a lot out, as fast as to achieve within five years to become the continent's largest solar and LED base as the goal, and would compete with rival TSMC taiwan.

UMC's Yongsheng energy, before expanding capital increase of $2 million, and set up a new solar Mechatronics factory - Hua Sheng energy investment.