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2 hours ago

JinkoSolar Sells 75.1% Stake in US Solar and BESS Manufacturing Business to FH Capital

JinkoSolar Holding Co., Ltd. has agreed to sell a 75.1% controlling stake in its U.S. subsidiary Jinko Solar (U.S.) Industries Inc. to FH Capital, a clean-energy private equity firm, while retaining a 24.9% minority share. The deal transfers ownership of a 2 GW solar module manufacturing facility and a growing Battery Energy Storage Systems (BESS) business.

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