China, May 21 -- The Asian Development Bank (ADB) has signed a loan of $55 million in CNY equivalent with Huaneng Tiancheng Financial Leasing Co., Ltd. (HTFL) to advance the development and operation of distributed wind energy (DWE) power plants in the People's Republic of China (PRC). As the world's leading energy consumer, the PRC relies on fossil fuels for most of its primary energy consumption. Supporting renewable energy development will be key to meeting the country's climate goals of peak carbon emissions before 2030 and carbon neutrality by 2060. DWE plants, strategically located near consumption points, offer a stable and cost-effective energy solution for small-scale operations and rural areas, reducing dependence on long-distance...