EBRD investment of $ 4.97 million for the 5 MW PV power plant in Ukraine

European Bank for Reconstruction and Development (EBRD) is committed to renewable energy project financing for Ukraine, 70 million euros ($ 92 million). Ukraine recently cut the solar feed-in tariff, but the European Bank for Reconstruction and Development (EBRD) will be in southern Ukraine Vinnytsya the local RengyTomaspil company 5MW power station to provide a six-year 380 million ($ 4.97 million) loan.

In October 2012, the European Bank for Reconstruction and Development (EBRD) financing options, including the Clean Technology Fund (CTF) provided a 10-year loan of 1.8 million euros. CTF will also provide 20 million euros. CTF was founded in 2008, is designed to provide technical support to middle-income countries the use of renewable energy and energy efficiency, to maximize the reduction of greenhouse gas emissions. CTF has to provide financial support to 15 countries and one territory, known as the largest multilateral climate finance coordination platform.

Technical assistance provided by the Global Environment Facility (GEF) project preparation, development and strategic environmental assessment of the regulatory framework. As of March 31, the European Bank for Reconstruction and Development (EBRD) has invested more than 8.63 billion euros ($ 11 billion) in loans for 337 projects in Ukraine. The Hina solar cell efficiency announced on the 29th, a wholly-owned subsidiary of Yunnan Hina entered into a non-binding offer letter, with independent third parties interested in acquiring the latter is now in the third stage of development in the United States 1050kW solar power station project.

Subject to conduct due diligence on the project, Yunnan Han can and the Vendor entered into a formal binding agreement. Hina said that through the acquisition of existing projects with attractive returns, or invest in new development of solar cell manufacturers energy projects, and actively expanded its business to the downstream solar projects. The project is the Group's first solar power project is expected to enter the United States will continue to invest in downstream solar power projects.