On 30 May, 2022, State Power Investment Corporation (SPIC) announced the "List of Qualified Suppliers of Cables, Photovoltaic Modules and Inverters of Group Companies (2022 Edition)". There are 53 new photovoltaic companies added to the list this time, and Taoistic Solar has become one of them.

State Power Investment Corporation Limited (abbreviation SPIC) is one of the five major electricity

generation companies in China. It was the successor of China Power Investment Corporation after it was

merged with the State Nuclear Power Technology Corporation (SNPTC) in 2015. SPIC is the parent company of listed companies China Power International Development (known as China

Power), Shanghai Electric Power, Yuanda Environmental Protection, etc.