China's Solar Loans Still Mostly Untapped

Greentech Media
Five key Chinese solar and wind companies -- Suntech, Yingli Green Energy, Trina Solar, JA Solar and Xinjiang Goldwind Science & Technology -- have only tapped $866 million of the nearly $30 billion available to them in Chinese government credit lines. In other words, China’s biggest (and lowest-priced) solar companies have only tapped about three percent of the credit made available to them from the China Development Bank through 2010, according to a Wednesday report from Bloomberg New Energy Finance.