renewable energy projects

China Credit Guarantee General Corporation (a part of China’s Ministry of Finance) provides guarantees. Then local banks or the World Bank provide the actual funding.

Here’s a simple summary of how we work together with partners:

• Government backing needed – Any new power project requires a guarantee from the partner country’s government or national treasury.

• Coal power rules – Because of carbon neutrality goals, only the local government can buy coal power equipment. We can still provide the design, equipment, and construction.

• Project size – Thanks to President Xi’s policy for the Belt and Road Initiative, investment amount between 100million and 2.3 billion.

• High-debt countries – welcome

• Financing & Guarantees – Domestic financing is insured by China Credit Corporation (under the Ministry of Finance), then provided by a bank or the World Bank. This requires a guarantee from the partner country’s relevant ministry or finance ministry.

China Wafangdian

248MW Wind Power Plant Project

Philippines 72MW Photovoltaic and Substation Engineering Project

East Africa 4×175MW Hydropower Station Project

Laos 3×600MW Pithead Coal-fired Power Station Project