Process Introduction

Shinefar Group co.,ltd, with brand “Shinefar”, started in 1993 as an international trade company. In 2010, to control and stabilize the quality of products, the company invested USD4500000 to set up automatic assembly line production workshops with an annual production capacity of 500MW. The company specializes in solar energy product design, development and production; the solar energy engineering projects; design and installation of distributed power stations. With experienced and professional R & D team, the world-class equipment and workshops, the company also holds a number of domestic and foreign technology certifications, including T U V, C E, INMETRO, C Q C and so on. The raw materials, workshops, production process, product inspection process, quality of finished products have all get approved by the third-party certification agency German TUV company with issued certifications.

HSH Nordbank to help finance 37.9MW PV project in Denmark
Publication date:2017-04-21 16:30:46

German bank HSH Nordbank is to provide Danish developer MC Finans with a long-term loan of approximately US$24.6 million for the financing of the Vandel 2 solar park in the municipality of Vandel / Billund in southern Jutland, Denmark.

Once completed, the Vandel 2 PV project will boast a total generation capacity of 37.9MW.

The installation stands as the successor project for the Vandel 1, which HSH Nordbank helped finance a year ago. Assisting in the development of Vandel 1 helped HSH Nordbank enter into the Danish market. Vandel 1 features a generation capacity of 50.4MW. In addition, HSH Nordbank has financed two more smaller solar parks in Denmark in recent months.

Lars Quandel, head of energy & utilities at HSH Nordbank, said: "We are pleased that in this promising Danish market we have already completed the fourth project financing within one year. We hope that this transaction will follow further.”

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