10 energy-conserving projects win 650 million yuan’s financing support
- Details
- Category: Governmental News
- Published: Tuesday, 10 July 2012 08:21
On July 3, Banks and Enterprises Matchmaking Meeting on contract energy management projects and key energy-saving and renovation projects was held in the city. 18 contract energy management companies, part of the key energy-saving project enterprises, and 12 financial institutions made an intention of financing 1.25 billion yuan and signed 10 energy-saving projects, worth 650 million yuan.
Ningbo government has always given prominence to the implementation of the contract energy management projects and the energy-saving and renovation projects. At present, the city government and county government have granted a special fund of 250 million yuan to support energy-saving, renovation and contract energy management projects. A total of 765 first projects have been decided, planning to invest 3.55 billion yuan, and energy equivalent to 689,000 tons of standard coal is expected to be saved. During the 12th Five-Year period, Ningbo plans to implement over 1000 energy-saving and renovation projects, having the capability of saving energy equivalent to more than 1 million tons of standard coal per year.
"Currently, for contract energy management companies, the problem of financing still restrains the development." the person in charge from Energy Office said, “at present, a total of 17 contract energy companies in the city have been short-listed by National Development and Reform Commission, as energy service company for the record, the registered capital being over 100million yuan. 113 contract energy management projects are being negotiated or going to be negotiated this year with a planned investment of 430 million yuan. It is expected that energy equivalent to 150,000 tons of standard coal can be saved every year.
The person in charge admitted frankly that the mode of “government building the foundation for the further development of enterprises” can better help enterprises break through bottlenecks in the development. At the Matchmaking Conference, Everbright Bank, Industrial Bank, Bank of Ningbo and Bank of Hangzhou signed agreement with Cixi Yituo Energy Saving Technology Co., Ltd., Zhejiang Nenghua Energy Saving Technology Co., Ltd., Ningbo Kexin Energy Saving Technology Co., Ltd. and Ningbo ningjin Energy Saving and Environmental Protection Technology Co., Ltd. respectively. National Development Bank and Industrial and Commercial Bank of China signed 380 million yuan contract and 200 million yuan contract with Guodian Ninghai Wind Power Co., Ltd. and Ningbo Iron & Steel Co., Ltd. respectively for energy saving projects.
“With this sum of money, we have more chips in negotiating the waste heat recovery.” general manager from Ningjin Energy Saving Corporation said, “we have signed a 3 million yuan contract with Bank of Hangzhou.” Person in charge from Ningbo branch of Bank of Hangzhou, said that the energy industry is an emerging industries in the national strategy, Bank of Hangzhou have also been looking for the partners of "perfect match", mainly referring to the enterprises of large-scale, high potential and professional expertise.
The relevant statistics shows that increasing credit support is given by the city's financial institutions to energy saving and emission reduction. In the first three months of this year, the loan balance in energy saving and environmental protection stood at 28.269 billion yuan, an increase of 15.8 percent. The growth rate in this area is almost 3% higher than in other areas. “In the future such credit will win more support than ever before.” said the person in charge of Ningbo branch of People's Bank of China in the center of Ningbo city.
