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Active-Investors: Wired News - JinkoSolar Supplies 754 MW of Modules for America's Largest Solar PV Plant in Mexico

LONDON, UK / ACCESSWIRE / April 09, 2018 / Active-Investors.com has just released a free research report on JinkoSolar Holding Co., Ltd (NYSE: JKS) ("JinkoSolar"). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/'symbol=JKS as the Company's latest news hit the wire. On April 05, 2018, the China-based leading solar panel maker, JinkoSolar, announced that it has supplied solar modules for America's largest solar PV plant in Mexico. The financial terms of the agreement remained undisclosed. Register today and get access to over 1000 Free Research Reports by joining our site below:

www.active-investors.com/registration-sg

Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, JinkoSolar Holding most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

www.active-investors.com/registration-sg/'symbol=JKS

Terms of the Contract

  • According to the agreement, JinkoSolar has supplied high efficient solar modules to a European counterparty for its 754 MW solar PV plant in Mexico.
  • The facility is expected to begin operations during the second half of 2018 and generate over 1,700 GWh each year.

Agreement Further Strengthens JinkoSolar's Presence in the American Market

Commenting on the agreement, Gener Miao, Vice President of Sales & Marketing at JinkoSolar, stated that the Company is very pleased to join this significant project. Miao added that by providing high-quality products, not only does JinkoSolar contribute to the development of Mexico's clean energy, but it also further strengthens its presence in the American market.

JinkoSolar's One of the Largest Solar Panel Supply Deals in History

On March 30, 2018, the two global solar energy leaders, US-based NextEra Energy, Inc. and JinkoSolar announced one of the largest solar panel supply deals in history. As per the agreement, JinkoSolar would supply NextEra Energy with up to 2,750 megawatts of high-efficiency solar modules, roughly seven million solar panels over approximately four years. In conjunction with this agreement, JinkoSolar would also open its first US factory in Jacksonville, Florida, which is expected to create more than 200 direct jobs in Florida and support hundreds of additional local jobs in shipping and other related industries. Once fully operational, JinkoSolar's state-of-the-art factory in Jacksonville is expected to have the capacity to build 400 megawatts of solar modules annually, more than 1 million solar panels a year. Production is expected to begin later in 2018. JinkoSolar anticipated using the Port of Jacksonville for a large volume of importing and exporting activities.

JinkoSolar Named Energy Yield Simulation Winner

On April 03, 2018, the Company announced that it was named Energy Yield Simulation Winner - Polycrystalline Group at the 4th All Quality Matters Solar Congress hosted by TÜV Rhineland in Wuxi, China. Organized by TÜV Rheinland, a highly respected and objective PV research institute, the All Quality Matters Awards is one of the highest honors given in the solar industry.

About JinkoSolar Holding Co. Ltd

Founded in 2006, Jinko Solar is currently the world's leading manufacturer of solar panels by volume of sales. The Company has a production capacity for every manufacturing stage of the panels. JinkoSolar has over 12,000 employees across its 8 production facilities globally, and 16 overseas subsidiaries in Japan, Singapore, India, Turkey, Germany, Italy, Switzerland, United States, Canada, Mexico, Brazil, Chile, Australia, South Africa, and United Arab Emirates.

Stock Performance Snapshot

April 06, 2018 - At Friday's closing bell, JinkoSolar's stock declined 4.64%, ending the trading session at $19.11.

Volume traded for the day: 800.21 thousand shares, which was above the 3-month average volume of 611.31 thousand shares.

Stock performance in the last month - up 6.11%; and past twelve-month period - up 15.68%

After last Friday's close, JinkoSolar's market cap was at $706.69 million.

Price to Earnings (P/E) ratio was at 27.62.

The stock is part of the Technology sector, categorized under the Semiconductor - Specialized industry.

Active-Investors:

Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

A-I has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

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A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

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SOURCE: Active-Investors

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