International Finance Corporation to support sustainable energy projects in China
World Bank Group member International Finance Corporation (IFC) has launched a risk-sharing facility to support energy-efficiency and renewable-energy projects in the coastal province of Jiangsu, China in partnership with the Bank of Jiangsu.
The facility is extended under IFC's China Utility-based Energy Efficiency Finance Program (CHUEE) and will support 30 energy-efficiency and renewable-energy projects in the region by extending loans worth $144m.
China's Ministry of Finance, the Jiangsu Provincial Finance Department and the China Clean Development Mechanism Fund are co financing the facility with funds worth $73m.
IFC will also play an advisory role for the funding partners and the Bank of Jiangsu in evaluating sustainable energy projects.
World Bank Group President Jim Yong Kim remarked that CHUEE Jiangsu is a demonstration of private-public partnerships to promote economic opportunities while protecting the environment.
Bank of Jiangsu chairman Huang Zhiwei added, "With support from the government at all levels and IFC, we are able to contribute to China's low-carbon economy by helping Jiangsu enterprises implement renewable-energy and energy-efficiency projects."
Green Power BioPower Hydro Solar Wind
Energy Management Energy Efficiency Energy Infrastructure Energy Storage Transport Sustainability
TechNavio's analysts forecast the Global Small Lithium-ion (Li-ion) Battery market to grow at a CAGR of 13.17 percent over the period 2012-2016. One of the key factors contributing to this market growth is the cost-effectiveness of Li-ion batteries. The Global Small Lithium-ion Battery market has also been witnessing various technological advancements. However, the diminishing charging capacity of Li-ion batteries could pose a challenge to the growth of this market. TechNavio's report, the Global Small Lithium-ion Battery Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market in the Americas, the APAC, and the EMEA regions; it also covers the Global Small Lithium-ion Battery market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market. The key vendors dominating this space include LG Chem Ltd., Panasonic Corp., Samsung SDI Co. Ltd., and Sony Electronics Inc. The other vendors mentioned in this report are Amperex Technology Ltd., Build Your Dreams (BYD) Battery Co. Ltd., China BAK Battery Inc., EVE Energy Co. Ltd., Shandong Heter Lampson Electronic Co. Ltd., and Tianjin Lishen Battery Co. Ltd. Key questions answered in this report: What will the market size be in 2015 and at what will be the growth rate? What are key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by key vendors? What are the strengths and weaknesses of each of these key vendors? You can request one free hour of our analyst’s time when you purchase this market report. Details provided within the report. Reports Buy online from $0