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Stock Market & Financial Investment News

News Breaks
November 9, 2012
05:30 EDTJKSJinkoSolar comments on final ITC rulings on imported Chinese solar products
JinkoSolar Holding commented on the final determination of injury by the U.S. International Trade Commission, or USITC, concerning the anti-dumping duty, or AD, and countervailing duty, or CVD, investigation of imports of crystalline silicon photovoltaic cells and modules from the People's Republic of China. The USITC finally determined that imports of crystalline silicon photovoltaic cells and modules from China "materially injure" a U.S. industry, but the USITC did not make an affirmative determination regarding critical circumstances. As a result, the Company will face AD at 15.42% and CVD at 15.24% for the cells and modules imported into the U.S. after the respective date of the preliminary determinations on AD and CVD were issued by the Department of Commerce. Chairman Xiande Li commented: "We are disappointed with the ITC's final determination on the injury. While the decision was partially favorable to us, we believe that this ruling will have negative effects globally and will ultimately end up hurting consumers. Trade protectionism benefits no one and will only hinder the solar market's development. Despite the circumstances, we remain fully committed to our customers in the U.S. and are prepared to meet our contractual commitments there. As we have stated before, these tariffs are unlikely to have an impact on our business as the U.S. continues to account for a fairly small percentage of our total module shipments. We are still strongly dedicated to the success of JinkoSolar in the U.S.."
News For JKS From The Last 14 Days
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October 20, 2014
07:22 EDTJKSSolar Energy Trade Shows to hold a conference
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October 17, 2014
09:02 EDTJKSJinkoSolar supplied 34MW of solar modules to sPower for four projects
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October 16, 2014
07:11 EDTJKSJinkoSolar signs 200 MW PV project development agreement with Shicheng County
JinkoSolar subsidiary JinkoSolar Power Co. has signed a PV project development agreement with the government of Shicheng County, Ganzhou City, Jiangxi Province to develop 200MW PV power plant. The project will require an aggregate investment amount of approximately RMB1.6B. The PV power plant will be constructed in four phases over a period of 4 years. The first phase of construction will begin during 1H15.
October 13, 2014
09:06 EDTJKSJinkoSolar panels installed at Duke Energy's Capital Partners Solar Project, NC
JinkoSolar panels are being installed by SunEnergy 1 at the Duke Energy Renewables-owned Capital Partners Solar Project in eastern North Carolina. The solar project was announced as a partnership among three customers that will bring solar power from rural North Carolina to the urban settings of the Washington, D.C., institutions.
07:01 EDTJKSJinkoSolar to supply 21.5MW of PV solar modules for Searchlight solar projects
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