50,000-mu Organic Wolfberry Planting Base Construction and Wolfberry Processing Project Was Granted with China CDM Fund Concessional loan

On June 4th, 2018, China CDM Fund Management Center approved the concessional loan of RMB 69 million to the 50,000-mu Organic Wolfberry Planting Base Construction and Wolfberry Processing Project by Ningxia Yijie Manor Wolfberry Technology Co., Ltd. The project can leverage social capital of RMB 35.4 million and it’s estimated to reduce greenhouse gas emissions by 11,432 tCO2e annually.

The project mainly includes the construction of 50,000-mu organic wolfberry planting base and wolfberry product processing equipment and the purchase of supporting facilities. As a kind of shrub, wolfberry has capacity of carbon sequestration. By planting 50,000-mu wolfberry, the project can increase carbon sink. Meantime, solar heat storage panels are adopted to gather heat to dry wolfberry, thus can save power. And waste heat recovery heat pump system is utilized to recover high-humidity and high temperature air excluded during the drying process, which can increase energy efficiency rate of heat pump and so as to reduce greenhouse gas emissions.

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