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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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January 26, 2016
06:57 EDTJKSJinkoSolar signs 1 GW supply power agreement with sPower
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January 25, 2016
10:09 EDTJKSTrina Solar downgraded to Equal Weight at Morgan Stanley
As previously reported, Morgan Stanley analyst Sheng Zhong downgraded Trina Solar (TSL) to Equal Weight from Overweight and set a $11.10 price target on the shares as the analyst expects the stock to be range-bound under the price of $11.6 in cash per ADS proposed by Chairman's recent privatization proposal. The analyst, who still prefers module makers, named JinkoSolar (JKS) as the top pick in the solar space.

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