Financials Nov 27, 2021 11:59 AM (GMT+8) · EqualOcean
Financial Associated Press, November 27 (Xinhua) -- recently, Shanxi Branch of Bank of China and Shanxi Branch of China Construction Bank issued four carbon emission reduction project loans totaling 354 million yuan, with a weighted average interest rate of 4.05%, which will drive the annual carbon emission reduction of 54900 tons. This is also the first batch of carbon emission reduction project loans issued by Shanxi Province. The four loans issued this time were all invested in the field of clean energy, including 40 million yuan for Pumped Storage Power Station projects, 80 million yuan for wind power projects and 234 million yuan for solar power projects.

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