NDB has approved a loan for the Putian Pinghai Bay offshore wind farm project in Fujian Province , Fujian Province . With the aim of meeting the infrastructure needs of its members, the bank will loan US$290 million to the government of China for the construction of a capacity of 23 MW in the offshore project.
The New Development Bank has approved a loan for the Putian Pinghai Bay offshore wind farm project in Fujian Province, China. With the aim of meeting the infrastructure needs of its members, the bank will loan $290m to the government of China for the construction of a capacity of 250 MW in the offshore project.