On 20 September 2012, CWP’s Delingha Century Concord Photovoltaic Power Co., Ltd. signed a Fixed Assets Loan Agreement with CDB Qinghai Branch. CDB will provide 16 years preferential loans with a total amount of RMB344million for Delingha Solar Power project.
Delingha Solar Power project is wholly owned by CWP, and has already been put into operation. The project is the beginning of CWP moving into solar power industry, and it runs well after the completion. This Fixed Assets Loan Agreement with a total amount of RMB344million is a good start to cooperate with CDB, and has profound effect to the health development of CWP.