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Climate TagsPumped storage
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  • Jiangsu Guoxin Investment Group Ltd issued a CNY1bn (USD149m) green bond on January 30, 2019, to finance a 1.5m kW pumped storage power station. The project, which has an annual generation capacity of 2.007bn kWh, is considered aligned with Climate Bonds Initiative green definitions due to its contribution to a grid with over 20.3% intermittent renewables and the use of a second-party opinion from Lvrong Green Finance.

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    Themes: energy transitiongreen bondshydroelectric powerpumped storage
    Climate Bonds Initiative

    Document type: Fact sheet

    Regions: People's Republic of ChinaJiangsu
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