NEWS WRAP: Profit plunges at JinkoSolar’s main China-listed unit
The solar panel maker said the profit for its 58.6%-owned Jinko Solar Co. Ltd. fell by nearly 99% in 2024 as a result of plunging prices By Doug Young…
BRIEF: JinkoSolar expands share buyback program
Solar panel maker JinkoSolar Holding Co. Ltd. (JKS.US; 688223.SH) on Wednesday announced an expansion and extension of its share repurchase program, as it seeks to support its stock. The company…
BRIEF: JinkoSolar returns to the black as revenue keeps falling
Solar panel maker JinkoSolar Holding Co. Ltd. (JKS.US; 688223.SH) said on Wednesday it returned to profitability in the third quarter after falling into the red in the previous three-month period.…
Jinko sees sunnier skies in Germany with new fundraising plan
The solar panel maker’s Shanghai-listed unit plans to raise up to $633 million through the sale of up to 100 million global depositary receipts (GDRs) in Frankfurt Key Takeaways: Shanghai-listed…
INDUSTRY BRIEF: U.S. sets preliminary duties on Southeast Asian solar panels
The U.S. Commerce Department has set new preliminary duties on solar panels imported from Southeast Asia, after U.S. manufacturers complained such products receive unfair government support, Bloomberg reported on Tuesday.…
JinkoSolar finds rare bright spot in new Saudi tie-up
The company unveiled a $1 billion joint venture with two local entities to produce cutting-edge solar panels in the Middle East Key Takeaways: JinkoSolar is forming a $1 billion joint…
Solar storm takes the shine off JinkoSolar
The solar panel maker’s revenue rose just 9.4% in last year’s fourth quarter, far slower than its 66% jump in product shipments, as the industry suffered from tumbling prices Key…
