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Struggling Hog Farmer to Piggyback on China’s Clean Energy Drive

  • Zhengbang wants to enter nation’s budding agrivoltaics sector
  • China’s faltering housing market will drag on growth this year

Facing strains in its own market, one of China’s biggest hog breeders is looking beyond the boom-and-bust cycle of farming to an expansion into clean energy, which it says could allow it to piggyback on billions of dollars in investment by a major power generator.

A unit of Jiangxi Zhengbang Technology Co., China’s no. 2 listed hog supplier, said it has reached an agreement with the renewable energy subsidiary of State Power Investment Corp. in Zhejiang province to mount solar panels atop the sheds where it keeps its pigs.