Solarfun secures $36m credit facility with bank of Shanghai

Solarfun Power Holdings, a vertically integrated manufacturer of silicon ingots and photovoltaic solar cells and modules in China, said that Jiangsu Linyang Solarfun, a wholly owned subsidiary of Solarfun, has secured a credit facility for the amount of RMB400m ($36m) from Bank of Shanghai, of which RMB300m ($27m) will be in the form of a 3-year loan.