- JinkoSolar Holding Co Ltd JKS is investing $500 million to build a monocrystalline ingot and wafer manufacturing facility in Quảng Ninh Province, Vietnam.
- JinkoSolar has begun to work on the facility that will likely have an annual capacity of 7GW to support its existing overseas production facilities.
- The local government approved the PV project in early 2021 and would likely be operational in Q1 2022.
- Price Action: JKS shares traded higher by 0.78% at $42.67 in the premarket session on the last check Monday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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