Mcghee Investor Presentation
Loan Transactions involving Chinese Banks to Chinese Solar
Companies since Jan 2010*
Company
Amount ($M)
Banks
China Sunergy
160
China Development Bank
Dago New Energy
154
Bank of China
Hanwa SolarOne
1,000
Hanwa SolarOne
885
JA Solar
4,400
Jinko Solar
7,600
Bank of China
Bank of Shanghai
China Development Bank
Bank of China
LDK Solar
8,900
China Development Bank
Suntech
7,330
China Development Bank
Trina Solar
4,400
Yingli Green Energy
179
China Development Bank
China Citic Bank, Bank of China
Yingli Green Energy
5,300
China Development Bank
Yingli Green Energy
144
Bank of Communications
Yingli Green Energy
257
Bank of Communications
Total
40,709
Source: Mercom Capital Group, llc
All amounts in millions of dollars.
*As of Sept. 26, 2011
http://www.mercomcapital.com/news.php#CHINA
After this presentation was given, a article with a response from Suntech was published at
http://www.greentechmedia.com/articles/read/The-Reality-of-Chinas-Billions-in-Solar-Loans/.View entire presentation