Jinkosolar Hold Stock Price, News & Analysis

JinkoSolar (NYSE: JKS) plans to sign a strategic cooperation agreement with Tongwei Co., Ltd. to invest in a high-purity crystalline silicon project with an annual capacity of 45,000 metric tons and a silicon wafer project with a 15GW annual capacity. JinkoSolar will hold a 35% stake in the silicon project, while Tongwei will have a 30% stake in the wafer project. This partnership aims to enhance resource integration in the solar industry and ensure competitive pricing in production. JinkoSolar will also supply Tongwei with approximately 6.5GW of wafer products over three years.

JinkoSolar Holding Co., Ltd. (NYSE:JKS) announced a significant solar glass procurement contract with Flat Glass Group Co. Ltd. on February 18, 2021. This agreement secures approximately 338 million square meters of glass to support the manufacturing of 59GW of high-efficiency solar modules over three years (2021-2023). This contract aims to stabilize supply amid rising demand and enhance the company’s supply chain management, ensuring reliable solar product availability.

JinkoSolar Holding Co., Ltd. (NYSE: JKS) announced the completion of its at-the-market offering, selling 1,494,068 American depositary shares (ADS) and raising US$98.25 million after expenses. The offering was part of a US$100 million program aimed at strengthening its financial position. JinkoSolar, a leading solar module manufacturer, maintains a robust global presence with production capabilities of 20 GW for mono wafers, 11 GW for solar cells, and 25 GW for solar modules as of September 2020.

JinkoSolar Holding Co., Ltd. (NYSE: JKS) announced that all shareholder resolutions from its 2020 annual general meeting were approved. Key resolutions included the re-election of directors Yingqiu Liu, Wing Keong Siew, and Haiyun (Charlie) Cao, as well as the ratification of PricewaterhouseCoopers Zhong Tian LLP as auditors for 2020. Shareholders also authorized directors to set auditor remuneration and necessary actions for these resolutions. JinkoSolar remains a leading solar module manufacturer with a significant global footprint and impressive production capacity as of September 30, 2020.

JinkoSolar Holding Co., Ltd (NYSE: JKS) announced that its solar modules are generating nearly 550 MW AC, representing over one-third of Australia's utility solar PV capacity, which totals around 1.5 GW. With upcoming connections from several power plants, JinkoSolar's output will reach 1 GW AC. This achievement reinforces JinkoSolar's leadership in the Australian market, reflecting its commitment to renewable energy innovation and customer recognition.

JinkoSolar (NYSE: JKS) announced that its modules are generating nearly 550 MW AC in Australian utility-scale solar farms, representing over one third of the sector's total capacity, which is approximately 1.5 GW. The capacity will increase to 1 GW AC once additional power plants, including Sunraysia and Glenrowan, are connected to the grid. This achievement underscores JinkoSolar's leadership in the Australian market and reflects its commitment to advancing renewable energy solutions.

JinkoSolar (NYSE: JKS) announced a prospectus supplement for an at-the-market equity offering program to sell up to US$100,000,000 of American depositary shares (ADSs). The sales will be conducted through Credit Suisse and Barclays as agents, with proceeds aimed at expanding production capacity at its Jiangxi Jinko subsidiary and other general corporate purposes. The shares will be offered under a shelf registration effective since December 16, 2020, and details can be found in the filed prospectus supplement with the SEC.