The deal comes several months after the state-backed CDB was asked by Beijing to prioritise loans to the country’s leading solar players to better enable them to weather the current industry downturn. It will do little to alleviate the widening global PV trade wars.
The CDB has extended tens of billions of dollars to Chinese renewables manufacturers over the past three years, allowing companies like Sinovel and Ming Yang to get a foot in developing markets.
But
