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JinkoSolar Invests $500M To Build Manufacturing Facility In Vietnam

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JinkoSolar Invests $500M To Build Manufacturing Facility In Vietnam
  • JinkoSolar Holding Co Ltd (NYSE: JKSis 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.
 

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