The assets, which are situated in the Huangwan industry park, include 500MW capacity for silicon wafers, 500MW for PV cells and 100MW for PV modules.

Under the supervision of the Haining City government and the Haining City People’s Court, Topoint is currently undergoing restructuring.

JinkoSolar’s annual silicon wafer and ingot, solar cell, and solar module production capacity will be around 2GW, 2GW and 2.1 GW, respectively, with the addition of Topoint’s production facilities.

JinkoSolar Holding CEO Kangping Chen said the company’s high-quality assets, consisting of technologically advanced and recently purchased equipment will enable to cost-effectively meet the growing demand of strong international customer base.

"We believe that the geographic proximity of our existing facilities in Haining City with Topoint’s assets will allow us to leverage our existing logistical infrastructure to efficiently integrate Topoint’s assets," Chen added.

Image: JinkoSolar to operate the restructured manufacturing assets in Zhejiang Province. Photo: Courtesy of Pixomar/ FreeDigitalPhotos.net.