Special bonds for wind power and energy storage

Why are Chinese energy companies accelerating special-purpose bonds?

Chinese energy companies are accelerating issues of special-purpose bonds, in a move that experts say will help companies amid a volatile global energy market and ensure sufficient domestic energy supply during the upcoming winter season. SOURCE / ECONOMY Chinese energy firms step up special bond issues to ensure supply, security

What are special-purpose bonds & how do they work?

The special-purpose bonds will go precisely and directly to central power generation enterprises, a move that can ease their investment and financing pressure, reduce their leverage, and ensure national energy security and electricity supply, the NAFMII said.

What is energy absolute's green bond issuance project?

The project involves a cornerstone investment of up to B3 billion into Energy Absolute’s maiden green bond issuance. Energy Absolute is aiming to raise a total of B10 billion through bond issues with tenors of 3, 5, 7, and 10 years. ADB will invest in the 7-year tranche but will facilitate CBS certification of the entire B10 billion bond issuance.

Which companies have issued 102 billion yuan special-purpose energy bonds?

Companies including China Reform Holdings Corp, China Datang Corp, State Power Investment Corp, China Huaneng Group and Datang International Power Generation have issued 10 batches of special-purpose energy bonds with a total amount of 102 billion yuan, the NAFMII said.

Can energy storage control wind power & energy storage?

As of recently, there is not much research done on how to configure energy storage capacity and control wind power and energy storage to help with frequency regulation. Energy storage, like wind turbines, has the potential to regulate system frequency via extra differential droop control.

How will ADB's green bond issuance affect energy absolute?

27. ADB’s participation in Energy Absolute’s maiden green bond issuance (which would not have been issued as a green bond without ADB’s advice) will ensure that the entire B10 billion bond will be certified under the CBS and also complies with the GBP and the ASEAN GBS.