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.
根據協議，Jinko Middle East、RELC和VI同意在沙特阿拉伯成立合資企業，其中Jinko Middle East、RELC和VI分別持有40%、40%和20%的股權。組建合資企業需要滿足慣例前提條件，包括獲得必要的監管批准。
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.
合資企業將在沙特阿拉伯建設和運營高效太陽能電池和太陽能模塊生產設施。該生產設施預計總投資額約爲10億美元，並將通過內部基金和外部融資的組合進行融資。