China Development Bank bolsters support for clean energy development in Q1

Time:2022-04-12 11:34:14      Source:Xinhuanet.com

China Development Bank (CDB) has boosted its financial support for clean energy development in the first quarter of this year (Q1).

According to the CDB, it had issued 109 billion yuan (about 17.12 billion U.S. dollars) of loans in the energy sector to support the clean energy development and the green-oriented transition of traditional energy.

During this period, a total of 76.5 billion yuan of loans were granted for the development of clean energy including nuclear power, wind power and photovoltaic power.

Meanwhile, outstanding loans by the end of Q1 in the clean energy sector went up 48.8 billion yuan from the end of last year, according to the bank.

Index RMB/t DoD Basis Date
Datong 5500 455 0 ex-mine 07-01
Shuozhou 5200 445 0 FOR 07-01
Ordos 5500 420 0 ex-mine 07-01
Yulin 6200 540 0 ex-mine 07-01
Liulin Low-sulphur 565 0 ex-mine 07-01
Gujiao Low-sulphur 1095 0 FOR 07-01
Xingtai Low-sulphur 1210 0 ex-Factory 07-01
Yangquan PCI 795 0 FOR 07-01
Index RMB/t WoW WoW% Date
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