Shunfeng Photovoltaic International already has a credit line of RMB 20 billion (US$ 3.25 billion).
Unless the parties cancel, the two-year agreement with China Minsheng Banking Co., Ltd. will be extended to the third year. SF has been funding a series of acquisitions including drilling machine manufacturer Wuxi Suntech. In turn, Suntech has acquired inverter architect Sunways. It reoccupies 30% of the pale accumulator to close Powin Energy.
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