Henan Solar Farm
Sector: Commercial • Location: China
Source: World Bank Group
The project entails the construction and operation of a 30 MW solar PV farm in Henan province, China. Project is being initiated on a Build Operate and Transfer modality.
ReneSola is sponsoring the project and is the sole owner of the project. Total equity amount provided by ReneSola is $4.5 million. Debt financing ($18 million) for the facility was provided by China Kangfu International Leasing
- Status
- Prospective
- Sector
- Commercial, Power Generation (CCGT), Power Transmission, Raw Materials, Solar, Government
- Location
- China
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | Active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The project entails the construction and operation of a 30 MW solar PV farm in Henan province, China. Project is being initiated on a Build Operate and Transfer modality. ReneSola is sponsoring the project and is the sole owner of the project. Total equity amount provided by ReneSola is $4.5 million. Debt financing ($18 million) for the facility was provided by China Kangfu International Leasing Company, a subsidiary of China's State Power Investment Corporation. The 10-year non-recourse loan has equivalent all-in pricing of 7.25%, though the interest rate is set against a floating benchmark. Debt to equity ratio is 80:20. Electricity generated is expected to be sold to the national electricity grid on a long - term PPA. Financial close occurred in August 23, 2017. https://ijglobal.com/data/transaction/38966/henan-solar-farm-30mw https://www.pv-tech.org/news/renesola-secures-financing-for-30mw-pv-project-portfolio-in-china https://uk.reuters.com/article/brief-renesola-secures-financing-for-30m/brief-renesola-secures-financing-for-30mw-of-distributed-generation-projects-in-china-idUKASB0BGTO ReneSola to be added to sponsors' list |
Original sector | Energy |
Budget |
Location
Country | China |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Commercial, Power Generation (CCGT), Power Transmission, Raw Materials, Solar, Government |
Article published date | 2024-06-05 |
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