JinkoSolar (JKS) Enters 50-MW Module Supply Agreement w/ China Three Gorges
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JinkoSolar Holding Co., Ltd. (NYSE: JKS) has won a bid from China Three Gorges New Energy Corp. ("CTGNE"), a wholly-owned subsidiary of China Three Gorges Corporation ("CTGC"), to supply 50-megawatt solar modules for a PV power plant in Gansu Province, China.
CTGNE is wholly-owned subsidiary of CTGC, which is one of the largest state-owned power corporations in China, with more than RMB300 billion in assets. CTGNE specializes in renewable energy investment and operations, including wind, solar, and hydropower as well as other clean energy technologies. CTGNE has been vigorously developing solar power plants in recent years.
CTGNE is wholly-owned subsidiary of CTGC, which is one of the largest state-owned power corporations in China, with more than RMB300 billion in assets. CTGNE specializes in renewable energy investment and operations, including wind, solar, and hydropower as well as other clean energy technologies. CTGNE has been vigorously developing solar power plants in recent years.
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