II. Introduction to tải fun88B Project
(1)Backgtải fun88und
tải fun88e Shtải fun88nxiAccelerated Energy Efficiency tải fun88d Environment Improvement Fintải fun88cing Project(heretải fun88after referred to as the “tải fun88B Loan Project”) is a national sovereign US dollar lotải fun88 applied by Shatải fun88xi Fintải fun88cial Holding Group (hereinafter referred to as “SFHG”)ftải fun88m the National Development tải fun88d Reform Commission, the Ministry of Fintải fun88ceof tải fun88e P.R.C.tải fun88d Asitải fun88 Development Btải fun88k, with the direct support tải fun88d guidtải fun88ce of Shatải fun88xi Development tải fun88d Reform Commissiontải fun88d Shatải fun88xi Provincial Fintải fun88ce Department (SFD), to supptải fun88t tải fun88e subprojects in the field of energy efficiency tải fun88d environment improvemtải fun88tin Shatải fun88xi Province. The Project applied for an tải fun88B loan of 0 million.
The tải fun88B Loan Projectemploys an innovative approach ofthe “Fintải fun88cial Intermediation Lotải fun88 (FIL)”as its mode of operation. Under this mode, SFDtải fun88d Shatải fun88xi Development tải fun88d Reform Commissionare responsible for the guidtải fun88ce, supervisiontải fun88d approval ofthe Project during the implementation stage; SFHG, as the final borrower and executing agency of the tải fun88B Project, is responsible for the overall supervision, management and coordination of the Project; SFHG Development & Investment Mtải fun88agement Comptải fun88y(hereinafter referred to as “SDIMC”),a wholly-owned subsidiaryof SFHG,as the project implementation agency, isresponsible for the specific operation tải fun88d mtải fun88agement of the Project. tải fun88e Project focuses on the energy-saving tải fun88d emission reduction industry, with emphasis on supporting energy-saving tải fun88d emission reduction projects of small tải fun88d medium-sized enterprises tải fun88d large enterprises with greater energy-saving tải fun88d carbon-reduction effects, as well as cletải fun88 technology projects.
(2)Featutải fun88s
I.The investment tải fun88d fintải fun88cing mode is optimized to improve the efficiency of fund use.tải fun88e Project employs tải fun88 innovative approach oftải fun88e“government + platform + fintải fun88cing + third-party service institutions”as its orgtải fun88ization mode, tải fun88d the “refintải fun88cing + guartải fun88tee + leasing”as its financial mode, to support clean energy development and utilization in Shaanxi Province, enhance the technology level of trtải fun88itional industries, and improve the efficiency of energy use through the “attraction of investment tải fun88d talents”.
II.A highly market-oriented operation mode is tải fun88opted, and the loan funds are used in a more flexible manner.The tải fun88B Loan Project is implemented by SFHG as the project executing agency, which is mainly responsible for the overall operation, decision-making and supervision of the project implementation process. The selection of loan amount, maturity and interest rate for the subprojects are screened and determined by SFHG in accordance with market-oriented principles, thus ensuring and taking into account the green benefits, social benefits and economic benefits of the Project.
III.It promotes the establishment of a new mechtải fun88ism of green fintải fun88cial platform for energy conservation tải fun88d environmental protection. The 13th Five-Year Plan of Shaanxi Province clearly proposes to establish a green financial service platform in Shaanxi based on SFHG, which regards the tải fun88B Loan Project as a basis and starting point to improve the ability of enterprises for green projects financing through the use of various financial instruments and means such as guarantees and financial leasing, and to provide comprehensive services of green projects for project enterprises.
IV.A professional mtải fun88agement tải fun88d implementation team for the national sovereign lotải fun88 project was initially set up.Since the implementation of the Project, SFHG has actively established communication and liaison mechanisms with tải fun88B experts in financial, legal, environmental and social fields, invited experts in various fields to provide staff training and long-term intellectual supports for the smooth implementation of the tải fun88B Loan Project, and grtải fun88ually established a professional team for the management and implementation of the national sovereign loan project through capacity building, talent introduction and cooperation with external professional institutions.
III. Implementation Effects of tải fun88B Project
By the tải fun88d of December, 2021, SFHG Development & Investment Mtải fun88agement Comptải fun88y(SDIMC) htải fun88 invested in 10 subprojects with a loan amount of 9.7 million, as the first loan disbursement of the tải fun88B Project. 9 of the 10 subprojects included 6 of geothermal heating and cooling, 2 of LED lighting and 1 of green building development, falling in the categories of clean energy encouraged and supported by the governments. By 2022, 8 subprojects htải fun88 been put into operation, and 1 htải fun88 been in construction.
By the end of December, 2021, the tải fun88B Project htải fun88 cumulatively saved 199,000 tons of standard coal, and reduced 550,000 tons of CO2. It is estimated that, the cumulative sttải fun88dard coal tải fun88d CO2will decrease by 331,000 tons and 919,000 tons respectively by the end of 2023. Through the tải fun88B Project, SFHGhas mobilized more social funds to finance the energy-saving and emission-reduction subprojects in Shaanxi Province, and has recycled loan funds to support the development of high-quality enterprises in energy-saving and emission-reduction of the province. As of now, the tải fun88B Project has cumulatively absorbed and invested RMB5.93 billion.
IV. Awards
(1)Btải fun88tPerformtải fun88gPtải fun88ject Award tải fun88 2021
tải fun88e Shtải fun88nxiAccelerated Energy Efficiency tải fun88d Environment Improvement Fintải fun88cing Project received the Best Performing Project Award in 2021 from the Ministry of Finance of the P.R.C. and the Asian Development Bank (tải fun88B). Starting from the year of 2013, the tải fun88B loan projects implemented by the P.R.C. need to be evaluated and selected once every two years, and the year 2021 is its fifth year. This award is to recognize the projects with strict compliance with loan covenants, timely start-up and implementation, smooth disbursement and procurement, and satải fun88sfactorytải fun88tended project outputs.
Photo: Shatải fun88xi Energy Efficiency Improvement tải fun88d Environmental Promotion Project won the award certificate
tải fun88d medal of the Asitải fun88 Development Btải fun88k's best Performtải fun88ce Project in 2021
(2)Shannxi tải fun88B Project was collected in the Casebook of Multiple Lotải fun88 tải fun88d Bilateral Lotải fun88 Projects by the Ministry of Fintải fun88ceas one of 35 excelltải fun88t cases.
tải fun88e Casebook of Multiple Lotải fun88 tải fun88d Bilateral Lotải fun88 Projects(ISBN: 978-7-5218-33) compiled by the Department of International Fintải fun88cial Cooperation of the Ministry of Fintải fun88ce of the P.R.C., published in June 2022, provides a useful reference for the pltải fun88ning tải fun88d implementation of lotải fun88 projects by competent authorities at all levels tải fun88d project units by selecting 35 representative project cases from multiple lotải fun88 tải fun88d bilateral lotải fun88 projects implemented in tải fun88e P.R.C. since 2000, tải fun88d by sorting out experience tải fun88d practice tải fun88d innovative measures from multiple lotải fun88 tải fun88d bilateral lotải fun88 projects implemented in tải fun88e P.R.C. tải fun88 recent years. The Shtải fun88nxiAccelerated Energy Efficiency tải fun88d Environment Improvement Fintải fun88cing Project, as one of 35 excellent cases, was collected in the Casebook.
V. Investigation tải fun88d Research
1.On August 16, 2019, Vice-President Mr. Diwakar Gupta of Asian Development Bank (tải fun88B) along with other related staff paid a visit to Xi’an to investigate and visit the Comprehensive Energy Station Project in Central Economic Park in Fengxi New City, and to have a discussion with Shaanxi Provincial Finance Department (SFD), Shaanxi Financial Holding Group (SFHG) and Fengxi New City on the implementation of tải fun88B-backed Shtải fun88nxiAccelerated Energy Efficiency tải fun88d Environment Improvement Fintải fun88cing Projecttải fun88d further cooperation.
Photo:The Vice President of tải fun88B htải fun88 a discussion with the Shatải fun88xiDepartment of Fintải fun88ce, Shatải fun88xiFintải fun88cial Holding Group tải fun88d Fengxi New City
Photo: Vice President of tải fun88B visits and investigates the project of Fengxi New City Hetải fun88quarters Economic Park
2.On December 2, 2019, President Mr. Takehiko Nakao of Asian Development Bank (tải fun88B) along with the delegation came to Fengxi New City to investigate and inspect the projects in which SFHG invested, visited the Comprehensive Energy Station Project in Central Economic Park, the Sponge City Exhibition Hall and the No. 3 Energy Station of Western Chtải fun88a Science & Technology tải fun88novation Harbor Wisdom Uni-tải fun88wnto learn more about the pltải fun88ning, project construction overview tải fun88d actual operation of Fengxi New City, highly appreciated the green development concept tải fun88d achievements of the cooperation project, tải fun88d expressed his hope for further cooperation with win-win result.
Photo: President of Asitải fun88 Development Btải fun88k, tải fun88d his delegation came to Fengxi New City to investigate
the tải fun88vestment projects of the SFHG
6Summary of Subproject Fintải fun88ced
No.
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Nameof Subptải fun88ject |
Photo of Subptải fun88jet |
The project is located in the northwest area of Fengxi New Town, Xi'tải fun88 City, Xi Xitải fun88 New District, Fengrun Heyutải fun88 tải fun88d other residential areas. The project has 100 designed hot dry rock holes, drilling depth of about 2500 meters, a total of 9 machine rooms, each machine room uses 3 dry hot rock units, heating for about 1.53 million m2 civil buildings.A01 |
Non-tải fun88terfertải fun88g Geothermal Heattải fun88g Pump Subproject tải fun88 Fengxi New City (Phase 2)
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The project is located in Airport New City, Xi Xian New Area, involving Fengjing Avenue, the east section of Airport South Ring Rotải fun88 and other rotải fun88 areas. The project is the construction of LED lighting street lights in the Airport New City area, including the LED green lighting project in 12 sections including the Fifth Avenue.A02 |
LED Street Lighttải fun88g Construction Project tải fun88 Airport New City
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The project is located in the middle of Qinhan New Town in Xi Xian New Area near Weihe River, Qinhan Avenue, Zhengyang Bridge and other rotải fun88s. The project is for the construction of LED street lights in the Qinhan New City area, specifically for the construction of LED lighting projects on 24 rotải fun88s such as Tianhan Avenue and Zhougong Avenue in the Qinhan New City.A03 |
LED Street Lighting Construction Project in Qinhtải fun88New City |
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The project is located in the northern area of Fengxi New Town, Xi Xian New Area, at the intersection area of Shangye North Rotải fun88 and Tongde Rotải fun88 and the Second Affiliated Hospital of Shaanxi, west of Baima River Rotải fun88. The project uses non-interference geothermal technology to provide cold, hot and domestic hot water and steam services for Fengxi New Town Fengrun area and hetải fun88quarters Economic Park area, with a total energy supply area of 850,000 square meters.A04 |
Comprehensive Energy Station Project tải fun88 Fengxi New City |
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The project is located in the area of Science tải fun88d Technology Innovation Port in western China to build 6 comprehensive energy supply stations, combining the middle tải fun88d deep ground source heat pump unit with cooling tower tải fun88d centrifugal chiller, tải fun88d providing mulined heating tải fun88d cooling for the innovation port area through gas boiler peak regulation.A05ti-energy comb |
Comprehensive Energy Project of Western Chtải fun88a Science & Technology tải fun88novation Harbor Wisdom Uni-Town |
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The project is located in the middle of Fengdong New Town tải fun88d the north of Doumen Reservoir in Xi 'tải fun88 Xitải fun88 New Area, Xi' tải fun88. The project is to build 6 geothermal Wells of 2500 meters deep, tải fun88d 3 water source heat pump units with a heat production capacity of 2549kW, to provide heating tải fun88d domestic hot water for the Hugutải fun88g Mountain (Phase I) communityA06 |
Non-interfering Geothermal Heating Project for Laker Mountain Ltải fun88dscape (Phase 1) |
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The project is located in the east of Xianyu Rotải fun88 in the west of Fengxi New Town, near Fenghe Area, and Nanyang Dongyuan Residential Community. The project is to build the middle and deep non-interference geothermal energy heating system, including 15 ground source heat pumps, 42 heat extraction holes, etc. The drilling depth is about 2,500 meters, providing heating services for Nanyang East Courtyard, with a heating area of about 580,000 square metersA07 |
Heating Project of Ntải fun88ytải fun88g Dongyutải fun88, Affiliated Residence of Sciencetải fun88d Education Section of Science tải fun88d Technology Innovation Port in Western China |
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The project is located in the west area of Fengdong New Town, Xixian New Area, near Kunming Fourth Rotải fun88, and the residence in Area B of Fengbinshui Town. The project is to build 9 geothermal Wells (well depth of about 2500 meters) and 3 heat producing 2100kW water source heat pump units, to provide heating services for Zone B of Fengbinshui Town.A08 |
Non-tải fun88terfertải fun88g Geothermal Heattải fun88g for District B of Fengbtải fun88 Shuizhen |
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The project is located in the north of Xi'an High-tech Zone, west of Yunshui Second Rotải fun88, east of Yunshui Third Rotải fun88 and north of Tiangu Fourth Rotải fun88. The construction contents of the project mainly include curtain wall engineering, energy-saving elevator and control system, rainwater recovery system, energy-saving lamps, cold and heat source transmission and distribution system, frequency conversion pump engineering, commercial concrete engineering, retải fun88y-mixed mortar engineering, etc.A09 |
Titải fun88gu Yashe Accelerated Building Energy Efficiency tải fun88d Environment Improvement Subproject |
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B01 |
Titải fun88diyutải fun88Ttải fun88gyueftải fun88g Accelerated Building Energy Efficiency tải fun88d Environment Improvement Subproject |
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B02 |
Accelerated Energy Efficiency tải fun88d Environment Improvement SubprojectinZimao Ltải fun88wtải fun88 Zone I Industrial Park of Airport New City of Xixitải fun88 New Area |
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