According to foreign media reports, despite the opposition of the US executive directors on the board, the executive directors of Germany, the Netherlands, and the Nordic countries chose to abstain in the voting process. The World Bank's International Finance Corporation still approved a $250 million loan and investment for a polysilicon manufacturing project in Oman.
According to the disclosure form of the International Finance Corporation of the World Bank on the project, It intends to provide up to $ 200 million (about 1.437 billion yuan) in loans and $ 50 million (about 359 million yuan) in preferred stock investments. The polysilicon project involved in the above
loan and investment is the 100,000 tons polysilicon plant project of United Solar in Oman. The company was identified as having some ties to China, mainly because Zhang Longgen , chairman and founder of the company , served as vice chairman of Daqo Energy . According to the Digital New Energy DataBM. Com, Zhang Longgen also served as the chief financial officer of Jingke Energy . According to
the data, the United Solar Oman 100000 tons polysilicon plant project was announced on March 11, 2024, and is scheduled to be put into operation in 2025. After full production, the annual output of the project will be able to meet the production demand of 40 GW photovoltaic modules .
One of the sources said that the United States and the countries that abstained from voting actually regarded the project as a new Chinese enterprise project. "The United States voted" no "on this project and will continue to use its voice and vote to put America First in the World Bank Group and in all other multilateral institutions," a Treasury spokesman said in an emailed statement.
At present, the World Bank and the International Finance Corporation have not responded to the above incidents.