China to Expand the LED Streetlight Plan to 50 Cities |
In an effort to reach the goal of saving 1 billion kilowatt hour of electrical power a year, China Ministry of Science and Technology has recently revised a bold plan to expand the LED streetlight installation project in 21 cities to two million units in 50 cities throughout the country, according to an articleon Taiwan Economic News. Under the plan, the 50 cities will receive subsidies from the Ministry of Science and Technology and the Ministry of Finance for the installation, and 70% of the products used in the project will be required to be locally made, which is good news for Taiwanese LED makers which are running facilities in the mainland including Bright LED Electronics Corp., Opto Tech Corp., Epistar Corp.and Formosa Epitaxy Inc, according to the article. |