JinkoSolar secures US$225 million in private funding for projects business

Facebook
Twitter
LinkedIn
Reddit
Email

JinkoSolar has secured US$225 million in fresh investment for its solar projects business and has revised its project forecast up from 400 to 600MW.

The company also indicated that it could spin out its projects arm into a separately listed yield co-type vehicle.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

China Development Bank International (CBDI), New Horizon Capital and the Macquarie Greater China Infrastructure Fund (MGCIF) have each entered into separate share agreements with Jinko. The three investors will ultimately hold a 45% stake in Jinko Power, the downstream subsidiary of JinkoSolar.

Xiande Li, chairman of JinkoSolar, said the investment was a “vote of confidence” in the company, adding that its downstream business could expand internationally as a result of the new investment.

“We are very pleased to welcome CDBI, MGCIF and New Horizon as partners in our downstream business. They will not only contribute capital to further expand our project development capabilities, but will also provide a wide range of support to drive future growth,” he said.

“We also expect MGCIF to help us further tap into the global solar power market through the Macquarie Group’s global resources and network,” said Li, who also indicated that the Jinko Power subsidiary could be moving closer to an IPO.

“This round of investment marks an important milestone in our effort to spin off and list our downstream business,” he said.

Read Next

July 29, 2025
US renewables developer Savion, a subsidiary of global oil giant Shell, has formed a new company to take ownership of its solar projects after development.
July 29, 2025
Kiwa PVEL examines the ultraviolet-induced degradation (UVID) results on n-type technology from its latest PV Module Reliability Scorecard.
July 29, 2025
US-based solar manufacturer T1 Energy has expressed support for the US government’s tariff investigations into global polysilicon imports and solar products from Laos, Indonesia and India.
July 29, 2025
Spanish oil major Repsol has agreed to sell 40% stake in US renewables developer Hecate Energy, settling outstanding dispute.
July 29, 2025
The Spanish Ministry of Ecological Transition (MITECO) has launched a new renewables manufacturing subsidy programme.
July 29, 2025
China's PV industry faced significant challenges, with production across the manufacturing chain growing at a slow pace, according to CPIA.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK