JinkoSolar Forms Joint Venture With RELC And VI To Build $1B Solar Cell And Module Facility In Saudi Arabia
JinkoSolar Forms Joint Venture With RELC And VI To Build $1B Solar Cell And Module Facility In Saudi Arabia
Pursuant to the Agreement, Jinko Middle East, RELC and VI agree to form a joint venture in Saudi Arabia with Jinko Middle East, RELC and VI holding 40%, 40% and 20% equity interest, respectively. The formation of the joint venture is subject to customary preconditions, including obtaining the requisite regulatory approvals.
根据协议，Jinko Middle East、RELC和VI同意在沙特阿拉伯成立合资企业，其中Jinko Middle East、RELC和VI分别持有40%、40%和20%的股权。组建合资企业需要满足惯例前提条件，包括获得必要的监管批准。
The joint venture will build and operate a high-efficiency solar cell and solar module manufacturing facility in Saudi Arabia. The manufacturing facility is expected to have a total investment amount of approximately US$1 billion, and will be funded through a combination of its internal funds and external financing.
合资企业将在沙特阿拉伯建设和运营高效太阳能电池和太阳能模块生产设施。该生产设施预计总投资额约为10亿美元，并将通过内部基金和外部融资的组合进行融资。