AGRICULTURAL BANK OF CHINA(SH:601288) Xin Hua Cai Jing·2025-11-17 03:52Core Insights - The project is China's first offshore photovoltaic project built in high wind speed areas, with a total capacity of 180 megawatts and covering an area of 3048 acres [1][2] - The project utilizes a "multi-pile + diagonal support" structure to withstand typhoons and high waves, promoting marine biodiversity by creating artificial reefs [1] - The Agricultural Bank of China provided a loan of 10 million yuan for the project, which is recognized as the first "biodiversity-friendly photovoltaic loan" in Fujian province [2] Group 1 - The offshore photovoltaic project has an annual electricity generation of approximately 300 million kilowatt-hours, saving 90,000 tons of standard coal and reducing carbon dioxide emissions by 240,000 tons [2] - The project aims to integrate ecological tourism with the nearby mangrove restoration project, enhancing the local ecosystem [1] - The Agricultural Bank of China's support reflects its commitment to green finance, with a green credit balance exceeding 130 billion yuan as of the end of October [2] Group 2 - Offshore photovoltaic plants have unique advantages over land-based ones, including higher sunlight capture due to ocean surface reflectivity and lower operating temperatures from sea breeze and water cooling [2] - The bank's loan has a lower interest rate compared to typical project loans, aligning with sustainable development goals [2] - The project contributes to the ecological restoration and biodiversity enhancement in the region, promoting a "power generation above water and fish farming below" model [1]