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Stock Market & Financial Investment News

News Breaks
July 30, 2014
06:28 EDTJKSJinkoSolar to receive $225M private equity investment led by CDBI
JinkoSolar Holding announced that China Development Bank International, or CDBI, the Macquarie Greater China Infrastructure Fund, or MGCIF, and New Horizon Capital have agreed to invest a total of $225M in the company's downstream solar power project business. JinkoSolar Power Engineering Group, a wholly-owned subsidiary of JinkoSolar that develops and operates its downstream solar power project business, entered into separate definitive share purchase agreements with each of CDBI, MGCIF and New Horizon. Under the subscription agreements, CDBI, MGCIF and New Horizon have agreed to invest a total of $225M in Jinko Power. Upon completion of the investment and the company's additional capital contribution to Jinko Power, the three investors will hold a total of approximately 45% of Jinko Power's equity interest.
News For JKS From The Last 14 Days
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December 12, 2014
07:01 EDTJKSJinkoSolar supplies China General Nuclear Power Group 80 MW of solar modules
JinkoSolar announced that it has supplied 80 MW of solar PV modules to China General Nuclear Power Group for a solar PV project in Neihuang County, Henan Province. Located in Mashang and Liucun, two villages in Neihuang County, Henan Province, the project is being built on the rooftops of traditional agricultural greenhouse. It utilizes 325689 pieces of JinkoSolar's high-efficiency PV modules is expected to be connected to the grid by the end of 2014.

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