China Wind Power secures US$80 million PV loan

Facebook
Twitter
LinkedIn
Reddit
Email

Renewable energy developer, China Wind Power (CWP), has been awarded a CNY490 million (US$80 million) loan from the China Development Bank (CDB) for two solar projects totalling 70MW.

The two projects include a 50MW plant in Yongren, Yunnan, which receives CNY340 million of the loan, and 20MW in Delingha,Qinghai, which will get the remaining CNY150 million.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The CDB has already financed CNY1.23 billion (US$195 million) for five solar projects owned by CWP.

CWP already has eight solar projects, totalling 150MW as part of its portfolio and a pipeline of 950MW of solar projects in different stages of approval. CWP has also attained exclusive project development rights with the regional governments for more than 5GW of solar project development.

CWP also has an agreement with CNNC Rich Energy to build renewable energy projects in China, including the finance of 100MW in 2013, and by 2015, to complete a further 200MW of solar projects in China.

CDB also provided CNY200 million (US$32.8 million) for a 20MW solar CPV plant in China last month.

Read Next

Premium
October 10, 2025
Gaëtan Masson of IEA PVPS warns of overcapacity, collapsing prices and slipping module quality in the new Trends in PV Applications report.
October 10, 2025
The European solar module market has reached a “state of equilibrium” in recent weeks, with stable prices and regular demand.
October 10, 2025
US solar recycling firm OnePlanet has achieved the R2v3 certification from electronics sustainability non-profit SERI, which represents the “highest standards of traceability”.
October 10, 2025
NTPC Renewable Energy Limited has signed an MoU with the Government of Gujarat to develop 15GW renewable energy projects in Gujarat.
October 10, 2025
Australia's renewable energy sector recorded its slowest month of the year for additions in September, with 5.8GW of new projects added to development pipelines, according to data from Rystad Energy.
October 9, 2025
The Australian government has announced the results of the fourth Capacity Investment Scheme (CIS) tender, with 6.6GW of renewables awarded long-term contracts.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK