SP Group, a Singaporean energy company, announced on Thursday the deployment of a 240 megawatt-peak agrivoltaic project in Huizhou, Guangdong province.

This project represents SP's largest photovoltaic project investment in China, integrating solar power generation with agricultural use. 

It is scheduled to be fully operational by the end of 2024. Through this set-up, 7.5 billion kilowatt-hours of green electricity is expected to be generated over the next 25 years, along with the reduction of coal use by 920,000 metric tons and avoidance of 4.46 million tons of carbon emissions. 

Talking about the reasons behind this setup, Michael Zhong, managing director of SP Group (China), said, "The Guangdong-Hong Kong-Macao Greater Bay Area enjoys a high number of peak sun hours but is constrained by limited land resources, leading to intense competition in the area for solar generation. We hope this solar project, combining with agricultural land use, will help ease the high demand for green energy in the area and contribute to China's progress toward low-carbon agriculture and infrastructure development."