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22.05.26 - 09:00
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Report: A Core Solar Cell Patent of First Solar, Inc. Ruled Invalid in China (AAStocks)
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According to Sina Finance, photovoltaic leader JINKO SOLAR (688223.SH) (JinkoSolar Holding Company Limited (JKS.US)) filed a request in China to invalidate a patent held by Tetrasun, a subsidiary of First Solar, Inc. (FSLR.US), the largest photovoltaic manufacturer in the Western Hemisphere. Recently, the China National Intellec......
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08.05.26 - 13:30
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FH Capital to Acquire 75.1% Majority Stake in JinkoSolar′s U.S. Manufacturing Operations, Establishing a Premier Domestic Solar and BESS Platform (Business Wire)
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NEW YORK--(BUSINESS WIRE)--#BESS--FH Capital, a leading private equity firm focused on clean‑energy investments, today announced it has entered into a definitive agreement, through its designated affiliate, to acquire a 75.1% stake in JinkoSolar's (NYSE: JKS) U.S. subsidiary Jinko Solar (U.S.) Industries Inc. JinkoSolar will retain a 24.9% minority interest.
The transaction marks the transition to new controlling ownership of a state‑of‑the‑art 2 gigawatts (GW) solar module manufacturing facility and a growing Battery Energy Storage Systems (BESS) business. Post‑closing, FH Capital will deploy additional expansion capital to at least double the current solar module production capacity and initiate domestic BESS manufacturing. The new structure establishes a diverse U.S. manufacturing platform positioned to meet surging demand for high‑performance solar and storage solutions, while aligning with the evolving U.S. clean‑energy policy landscape.
FH Capital is led by Managing Partner Sanjeev Ch...
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