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JinkoSolar | 6-K: JinkoSolar to Form a Joint Venture with RELC and VI in Saudi Arabia for Production of 10 GW of High-efficiency Solar Cells and Solar Modules

JinkoSolar | 6-K: JinkoSolar to Form a Joint Venture with RELC and VI in Saudi Arabia for Production of 10 GW of High-efficiency Solar Cells and Solar Modules

晶科能源 | 6-K：晶科能源與REL及VI在沙特阿拉伯成立合資企業，生產10吉瓦高效太陽能電池和太陽能組件
美股SEC公告 ·  2024/07/16 23:57

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JinkoSolar's subsidiary, JinkoSolar Middle East DMCC, has entered into a shareholders agreement with RELC and VI to form a joint venture in Saudi Arabia. The venture aims to build and operate a high-efficiency solar cell and module manufacturing facility with an expected annual production capacity of 10 GW each. The total investment is estimated at approximately $1 billion.The equity distribution in the joint venture will be 40% for JinkoSolar Middle East, 40% for RELC (a PIF subsidiary), and 20% for VI. This strategic partnership aligns with JinkoSolar's globalization strategy and Saudi Arabia's Vision 2030. The project is subject to customary preconditions, including regulatory approvals.The collaboration leverages JinkoSolar's advanced N-type technology and local expertise to drive innovation in the solar industry. It represents a significant step in optimizing JinkoSolar's global manufacturing and marketing infrastructure, while contributing to Saudi Arabia's renewable energy goals.
JinkoSolar's subsidiary, JinkoSolar Middle East DMCC, has entered into a shareholders agreement with RELC and VI to form a joint venture in Saudi Arabia. The venture aims to build and operate a high-efficiency solar cell and module manufacturing facility with an expected annual production capacity of 10 GW each. The total investment is estimated at approximately $1 billion.The equity distribution in the joint venture will be 40% for JinkoSolar Middle East, 40% for RELC (a PIF subsidiary), and 20% for VI. This strategic partnership aligns with JinkoSolar's globalization strategy and Saudi Arabia's Vision 2030. The project is subject to customary preconditions, including regulatory approvals.The collaboration leverages JinkoSolar's advanced N-type technology and local expertise to drive innovation in the solar industry. It represents a significant step in optimizing JinkoSolar's global manufacturing and marketing infrastructure, while contributing to Saudi Arabia's renewable energy goals.
晶科能源的子公司，晶科能源中東DMCC，與RELC和VI簽署了股東協議，以在沙特阿拉伯成立合資企業。該合資企業旨在建設和運營高效電芯及組件製造設施，預計年產能力達到每個10 GW。總投資預計約爲10億。合資企業的股權分配爲：晶科能源中東40%，RELC（一個公共投資基金子公司）40%，VI 20%。這一策略性合作與晶科能源的全球化策略以及沙特阿拉伯的2030願景相一致。該項目須滿足包括監管批准的慣常前提條件。該合作利用了晶科能源的愛文思控股N型科技和本地專業知識，以推動太陽能行業的創新。它代表了優化晶科能源全球製造和營銷製造行業的的重要一步，同時也爲沙特阿拉伯的可再生能源目標作出貢獻。
晶科能源的子公司，晶科能源中東DMCC，與RELC和VI簽署了股東協議，以在沙特阿拉伯成立合資企業。該合資企業旨在建設和運營高效電芯及組件製造設施，預計年產能力達到每個10 GW。總投資預計約爲10億。合資企業的股權分配爲：晶科能源中東40%，RELC（一個公共投資基金子公司）40%，VI 20%。這一策略性合作與晶科能源的全球化策略以及沙特阿拉伯的2030願景相一致。該項目須滿足包括監管批准的慣常前提條件。該合作利用了晶科能源的愛文思控股N型科技和本地專業知識，以推動太陽能行業的創新。它代表了優化晶科能源全球製造和營銷製造行業的的重要一步，同時也爲沙特阿拉伯的可再生能源目標作出貢獻。
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