Shunfeng – which is currently attempting to close a deal tobuy the main Chinese arm of fallen solar giant Suntech – said the loans are tosix of its subsidiaries for projects in the 20MW and 30MW range.

All the projects are in the Xinjiang Uygur Autonomous Region.

Shunfeng’s chairman this week told Chinese media the companywants to build 9GW of PV in China over the next three years.