If the company proceeds with the plan, it will offer the 1.75 billion yuan ($254.2 million) financial instruments for a term of up to three years, according to a statement to the Hong Kong stock exchange.
The group —which had cumulatively installed roughly 2.7 GW of solar by the end of June 2016 — emphasized that it may not end up issuing the bonds.
It intends to announce more details about the the proposed non-public issuance in the future, it said, without revealing a specific timeline.
It first revealed plans to offer the bonds in December, to fund the construction of undisclosed renewables projects.
Green bond issuance is soaring in China, with recent figures from China Central Depository & Clearing and the UK-based Climate Bonds Initiative showing that companies raised roughly 201 billion yuan in 2016.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: email@example.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.