Last month CDB agreed to provide CWP with a 490m yuan loan to build solar projects, following an initial 1.23bn yuan long-term PV project financing arrangement it had already reached with the major Chinese wind developer.
Hong Kong-listed CWP is gradually positioning solar as its main business, chief executive Yang Zhifeng said in a statement.
It started shifting into solar in 2010, and currently operates 150MW of PV capacity, with 133MW of that on its own books.
