Date
25 September 2017

JinkoSolar to spin off power station assets, paper says

JinkoSolar Holdings Ltd. is preparing to spin off the company’s power station assets in a separate listing, Economic Information Daily reported Tuesday, citing JinkoSolar chief executive Chen Kangping. The company’s solar on-grid power capacity from its power station was 213 megawatts in 2013, and will rise to 300-400 MW this year, Chen said. Backed by government support, China’s solar power industry started to recover in the second half of last year, with JinkoSolar racking up US$26.7 million in the third-quarter profits.

– Contact HKEJ at [email protected]

KZ/AC/SK

 

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