Huaneng Shilin Photovolt Energy Development Co., Ltd. announced that it will receive CNY 55 million in equity funding on November 16, 2012. Existing investors, Huaneng Lancangjiang Hydropower Co., Ltd. and Yunnan Tianda Photovoltaic Co., Ltd. will invest CNY 38.50 million and CNY 16.50 million and will continues to hold 70% and 30% stake in the company respectively. The transaction was approved by Yunnan Tianda Photovoltaic Co., Ltd. at 20th session of the 4th directorate meeting.