Sunday, August 21, 2022

Xinjiang Frst Infrastructure Fund In PV Energy Storage

 On August 14, China Development Bank Kashgar Branch invested 500 million yuan in infrastructure funds for Xinhua Hydropower Shache County’s 200,000 kW (800,000 kWh) supporting energy storage and 800,000 kW market-based grid-connected photovoltaic power generation project, which is the first time in Xinjiang. A new energy fund project. Infrastructure funds can effectively provide project construction capital to ensure that the project can start as soon as possible and generate physical workload.

Xinjiang-pv-energy-storage-project


In the next step, Xinjiang Development and Reform Commission will continue to strengthen communication and connection with China Development Bank Xinjiang Branch and Agricultural Development Bank Xinjiang Branch, speed up the issuance of funds, actively promote the timely start of construction of new energy projects that have been deployed, strive to achieve development with resources, and fully serve Xinjiang's economic steady increasing.

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