Mr.Yunus created the Grameen Bank project with the aim of extending banking services to the poor and ending unfair loans by moneylenders.
VOA: special.2010.06.16
The company now sees Q2 solar module shipments of 100 MW to 110 MW, down from previous guidance of 120 MW to 130 MW. China Sunergy said the reduction reflects delays in the approval of projectloans to some customers in Europe.
The 2008 global banking crisis crippled many of the largest banks with the effect of curtailing their appetite and capacity to participate in project related syndicate loans.
The most innovative element of 432 Park may be the developer's approach to financing the project when large construction loans are an endangered species.