ADB to support Chinese solar-power project with US$1 mln
CHINA KNOWLEDGE - Asian Development Bank has approved a technical-aid project which aims at supporting China's use of concentrated solar power technology on a large scale. This is the first time ADB has been involved in China’s solar-power industry.
Reportedly, ADB will grant China US$1 million to implement a pilot project of 1.5 MW and carry out a feasibility evaluation on a demonstration project of 50 MW in Gansu Province.
The aid will help China build the first concentrated solar-power project in Asia and accelerate the development of large-scale solar-power generation in China.
