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ADB loan supports wind power generation in China

Source: Internet
Author: User
Keywords Wind power loans adb
Tags business company development group it is joint joint ventures local
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Reporter Xu Huihi report: Asian Development Bank has decided to be located in Inner Mongolia, Datang China-Japan (Chifeng) New Energy Co., Ltd. to provide 164 million yuan long-term local currency loans, building wind farms, to promote the development of renewable energy industry.　　It is reported that Datang China-Japan (Chifeng) New energy company is the Chinese Datang Group and Japan's Kyushu Power Plant, Sumitomo Corporation and Sumitomo Business (China) Co., Ltd. jointly established joint ventures, the total investment of 73 million U.S. dollars. Investment experts from ADB's private sector Business Bureau said the project could be a demonstration of future cooperation between state-owned enterprises and foreign investors in the field of renewable energy.

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