JinkoSolar

JinkoSolar To Sign A Strategic Partnership Agreement With Tongwei

Feed Solar

JinkoSolar Holding Co., Ltd., one of the largest and most innovative solar module manufacturers in the world, today announced that the Company intends to sign a “Strategic cooperation agreement” with Tongwei Co., Ltd. – to jointly invest in a high-purity crystalline silicon project with annual capacity of 45,000 metric tons and a silicon wafer project with an annual production capacity of 15GW, as well as develop a more extensive industrial chain cooperation.

According to the agreement, JinkoSolar will own a 35% equity stake in the 45,000 tons high-purity crystalline silicon project, while Tongwei will hold a 30% equity stake in the 15GW silicon wafer project.

Under the industrial chain cooperation, the production capacity and products of the joint venture for the high-purity crystalline silicon will be given priority to meet the production needs of the joint venture silicon wafer company.

IMAGE SOURCE: GOOGLE