Jinko Power Wins 300MW PV Project in Saudi Arabia

PVTIME – On February 7, Jinko Power Technology Co., Ltd.(601778.SH) announced that it will invest in a 300MW solar power plant in Saudi Arabia. Its wholly-owned subsidiaries Jinko Power (HK) Company Ltd., Jinko Power Middle East Holding Co. Ltd. and Jinko Power Dhafra Holding Co. Ltd. jointly won the bid.

The construction scale of the Saudi Project is about 348.80MWP, and the total investment of the project is about 209 million US dollars. According to the Articles of Association and relevant laws and regulations, the proposal does not need to be submitted to the general meeting of shareholders of the Company for deliberation. Once upon completion, the average annual power generation of the project is expected to be 876 million kWh.