The PV specialist said tapping the insurance sector offers “a long term stability of financing” as it pursues its ambitions inside China and abroad.
Executive director Lu Zhenwei said: “This co-operation marks the injection of Chinese insurance funds into the solar industry, fulfilling the strategic plan of the State Council. We look forward to welcoming new opportunities ahead through various collaborations.”
United PV, which is itself backed by leading Chinese solar investor China Merchants New Energy Group (CMNE), already owns 1.7GW
