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Stock Market & Financial Investment News

News Breaks
August 22, 2014
07:04 EDTJKSJinkoSolar signs project investment agreement with Hengfeng County
JinkoSolar announced that JinkoSolar Power, a subsidiary of the company has signed project investment agreements with the local government of Hengfeng county in Jiangxi Province to develop totally 100 MW PV projects. Jinko Power will own the projects and will manage the project investment and EPC as well as operations and maintenance. According to the terms of the agreement, Jinko Power will invest approximately RMB 800M for the projects, and the project will receive subsidies of RMB1.2 per kWh. Construction has begun in the third quarter and is expected to complete in the fourth quarter of this year. After the completion, those projects will generate around 110 million kWh electricity annually, generating approximately RMB132 million revenue per year.
News For JKS From The Last 14 Days
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July 28, 2015
07:10 EDTJKSJinkoSolar subsidiary signs RMB3B credit agreement with Ping An Bank
JinkoSolar Holding announced that JinkoSolar Power, a subsidiary of the Company, has signed a three-year RMB3B line of credit agreement with Ping An Bank, or PAB. PAB's financing will be used to support Jinko Power's PV project developments. According to the terms of the agreement, the line of credit is RMB3B for three years. The first loan of RMB630M has been withdrawn and will be used to support the development of PV solar power plant projects in Inner Mongolia, Guangdong province, and Zhejiang province.

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