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

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

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

July 23, 2025
Australian solar PV module manufacturer Tindo Solar has partnered with UNSW to advance tunnel oxide passivated contact (TOPCon) technology.
July 22, 2025
Statkraft has posted quarter-on-quarter declines in electricity generation and earnings in the second quarter of this year.
July 22, 2025
Canadian energy firm Enbridge will build a 600MW solar PV project in Texas with a power purchase agreement (PPA) in place with social media giant Meta.
July 22, 2025
Chinese module manufacturer JA Solar will supply 1GW of solar modules to UAE power company Masdar for two projects in Azerbaijan. 
July 22, 2025
The investigation launched on polysilicon under Section 232 could present the biggest supply chain challenge to the US solar industry, according to analyst Wood Mackenzie.
July 22, 2025
Spanish independent power producer (IPP) Zelestra  has begun commercial operations at its 435MWdc Gorbea solar project in the state of Rajasthan, India. 

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 22, 2025
Bilbao, Spain
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK