JinkoSolar increases credit agreement with Wells Fargo to US$60 million

July 18, 2016
Facebook
Twitter
LinkedIn
Reddit
Email
This is the second time JinkoSolar has raised its credit limit with Wells Fargo. Credit: JinkoSolar

JinkoSolar US, a subsidiary of ‘Silicon Module Super League’ (SMSL) member JinkoSolar, has increased its credit limit with Wells Fargo Capital Finance, a division of Wells Fargo Bank, to US$60 million from US$40 million with a three year term.

Charlie Cao, JinkoSolar's chief financial officer, said: “This is the second time we have raised our credit limit with Wells Fargo in the past years. We look forward to working closely with Wells Fargo to further expand our business in the US and across the globe.”

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Read Next

January 21, 2026
The USPTO has denied three challenges to patents held by US solar manufacturer First Solar pertaining to its production of TOPCon cells.
November 18, 2025
JinkoSolar shipped just over 20GW of solar PV modules in the third quarter of this year, down sequentially from the previous quarter.
September 23, 2025
JinkoSolar and LONGi Green Energy have agreed to terminate ongoing patent lawsuits, and enter into a 'cross-licensing agreement'/
August 28, 2025
JinkoSolar has sold 41.8GW of PV modules in the first half of the year, despite growing financial losses for its manufacturing subsidiary.
June 25, 2025
JinkoSolar has submitted a 133.76MWc solar-plus-storage project in New South Wales to the federal government under the EPBC Act.
June 11, 2025
The leading crystalline silicon solar manufacturers have shipped a record 500GW of PV modules in 2024, according to a report from analysts Wood Mackenzie.

Upcoming Events

Upcoming Webinars
February 18, 2026
9am PST / 5pm GMT
Solar Media Events
March 24, 2026
Dallas, Texas
Solar Media Events
April 15, 2026
Milan, Italy
Solar Media Events
June 16, 2026
Napa, USA
Solar Media Events
October 13, 2026
San Francisco Bay Area, USA