PROJECT

Projects

Summary of Investment Information

Project Number

38815

Company Name

CHINT SOLAR (HONG KONG) COMPANY LIMITED

Date SPI Disclosed

Dec 22, 2016

Country

China

Region

East Asia and the Pacific

Projected Board Date

Feb 15, 2017

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Apr 22, 2022

Department

Regional Industry - INF Asia & Pac

Industry

Infrastructure

Previous Events

Approved : May 1, 2017
Signed : May 27, 2017
Invested : Jul 12, 2017

Sector

Solar - Renewable Energy Generation

Project Description

Chint New Energy Development (Zhejiang) Co. Ltd. (“CNE” or “Company”), founded in 2006, is one of the leading private renewable companies in China. CNE and its subsidiaries are engaged in solar downstream project investment and operation, PV manufacturing and EPC, both in China and overseas.  As of Dec 2016, the Company operates close to 2GW of downstream projects in China and overseas and manufactures PV modules of 2GWh in capacity.  IFC is providing a corporate financing facility for development and construction of CNE’s downstream solar projects in emerging markets outside of China, such as Turkey, Pakistan and Thailand.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation