Solar Trade Platform and Directory of Solar Companies

Jinko Power Signs RMB10 Billion Strategic Agreement with ICBC

Published on 14 Sep 2015
Jinko Solar 
According to the terms of the agreement, ICBC Jiangxi Provincial branch will provide Jinko Power line of credit of up to RMB10 billion within three years. The financial instruments will include but are not limited to working capital loans, supply chain financing loans, and project loans. The final amount drawn will depend on Jinko Power’s projects financing needs.

"Working with ICBC, the largest commercial bank in China, once again demonstrates the confidence that leading financial institutions have in our brand as well as our project development potential,” commented Mr. Xiande Li, Chairman of JinkoSolar. “This financial support will further enhance Jinko Power’s project development capabilities. With the support of government policy and the booming of project development in China, we’re glad to see more commercial banks entering the downstream solar market. We think highly of cooperating with ICBC and hope to develop more high-quality power plants and eventually repay our investors and society by producing more clean energy.”


Source: JinkoSolar
ENF Profiles For Companies Mentioned in This Article

Jinko Solar (Solar Materials): https://www.enfsolar.com/jinko-solar
Jinko Solar (Solar Panels): https://www.enfsolar.com/jinko-solar
Jinko Solar (Solar Components): https://www.enfsolar.com/jinko-solar
PV industry news is republished free of charge, please send your news to