Recently, the distributed solar PV project invested by Toyon Energy for Pingguang Pharmaceutical officially commenced construction in Hefei, Anhui Province, China.
With a total installed capacity of 2.78MWp, the project adopts Toyon Energy’s innovative Commercial & Industrial (C&I) Solar Power Station Transfer Model, serving as an important component of the company’s growing portfolio of large-scale distributed solar projects.

Project Scale and Investment Structure
The Pingguang Pharmaceutical project is divided into North Zone and South Zone developments.
North Zone – Phase I
The project utilizes rooftops of warehouses, power stations, and parking structures to install solar panels.
- 1,485 N-type 730W high-efficiency modules
- DC installed capacity: 1,084.05 kWp
- AC installed capacity: 905 kW
South Zone – Phase I
The project utilizes the rooftops of freeze-drying workshops and raw material production facilities.
- 2,328 N-type 730W high-efficiency modules
- DC installed capacity: 1,699.44 kWp
- AC installed capacity: 1,400 kW
The entire project is fully invested, owned, constructed, and operated by Toyon Energy.
Adopting a “self-consumption with surplus power fed into the grid” model, the project has a total installed capacity of:
- DC side: 2,783.49 kWp
- AC side: 2,305 kW
Once commissioned, the system is expected to generate approximately 2.76 million kWh of electricity annually.
The project is projected to:
- Save approximately 1,100 tons of standard coal per year
- Reduce CO₂ emissions by approximately 2,700 tons annually
- Deliver environmental benefits equivalent to planting around 120,000 trees
The project will help Pingguang Pharmaceutical achieve both energy cost reduction and green transformation goals, while serving as a flagship demonstration project for Toyon Energy’s innovative Solar Power Station Transfer Model.

C&I Solar Power Station Transfer Model: Zero Investment, Long-Term Benefits
Under Toyon Energy’s Commercial & Industrial Solar Power Station Transfer Model, Toyon Energy is responsible for project investment, engineering, construction, operation, and maintenance.
The facility owner only needs to provide rooftop space and meet a certain level of on-site electricity consumption. In return, the owner enjoys discounted electricity prices throughout the cooperation period.
At the end of the agreed contract term, Toyon Energy will transfer all of its ownership shares in the solar power station to the facility owner free of charge, allowing the owner to enjoy all future electricity generation revenues. Two cooperation options are available:

10-Year Solar Power Station Transfer Plan
- Self-consumption ratio: 80% or above
- Discounted electricity price: RMB 0.40/kWh
- Ownership of the power station transferred to the owner after 10 years
15-Year Solar Power Station Transfer Plan
- Self-consumption ratio: 60%–80%
- Discounted electricity price: RMB 0.36/kWh
- Ownership of the power station transferred to the owner after 15 years
Five Core Advantages of the Toyon Solar Power Station Transfer Model
Cost Savings
Reduce electricity expenses and improve operational efficiency.
Predictable Returns
Provide transparent and reliable economic benefits.
Guaranteed Performance
Guaranteed power generation and investment returns.
Zero Upfront Investment
No capital expenditure required, minimizing financial risk.
Asset-Light Participation
Lower entry barriers and enable businesses to adopt renewable energy with ease.
This innovative model enables businesses to reduce investment costs, mitigate operational risks, and secure long-term energy benefits, making it an effective solution for accelerating commercial and industrial green transformation.
Corporate Strategy and Future Outlook
Toyon Energy is a holding subsidiary of Tongyuan Environment Co., Ltd. (SSE Stock Code: 688679), specializing in the investment, development, construction, and operation of renewable energy projects.
The company is committed to accelerating the transition from conventional energy to clean and sustainable energy sources.
Its business portfolio covers a wide range of sectors, including:
- Residential green energy solutions
- Commercial & industrial integrated energy systems
- Utility-scale renewable energy projects
- Intelligent operation and maintenance services
- Power trading and energy management
With comprehensive capabilities spanning project planning, engineering design, construction, digital monitoring, and smart O&M, Toyon Energy provides full-lifecycle clean energy services to customers worldwide.
Looking ahead, Toyon Energy will continue to strengthen its presence in Anhui Province while expanding nationwide, helping more enterprises reduce energy costs, achieve sustainability goals, and contribute to China's carbon neutrality objectives.
Driven by its mission of “Advancing the Energy Revolution and Protecting Green Mountains and Clear Waters,” Toyon Energy remains dedicated to delivering reliable, efficient, and sustainable clean energy solutions throughout every stage of a project's lifecycle.