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May 22,2025

ADB Funds Distributed Wind Energy Projects in China

The Asian Development Bank (ADB) has granted a $55 million loan to Huaneng Tiancheng Financial Leasing Co., Ltd. to support Distributed Wind Energy (DWE) projects in China. These DWE plants provide cost-effective, localized power for rural and small-scale users, reducing reliance on fossil fuels and long-distance transmission.

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