The group is expected to use the credit facility for fixed-asset loans, credit financing and financial guarantees, so it can improve its ability to develop and build more PV plants. However, it did not disclose specific plans.

In a separate statement to the Hong Kong stock exchange, it also unveiled plans this week to invest up to ¥7.5bn ($73.8m) in an undisclosed private equity fund that is preparing to develop 100MW of solar capacity in Japan.