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Shares of solar panel maker JinkoSolar Holding Co., Ltd. (JKS) are climbing more than 7% Tuesday morning after the company signed a 50MW solar modules distribution agreement with Mesol Private Limited, a Pakistan based solar panel distributor.


RTTNews | Mar 30, 2021 10:02AM EDT

10:01 Tuesday, March 30, 2021 (RTTNews.com) - Shares of solar panel maker JinkoSolar Holding Co., Ltd. (JKS) are climbing more than 7% Tuesday morning after the company signed a 50MW solar modules distribution agreement with Mesol Private Limited, a Pakistan based solar panel distributor.

Farhan Qurban, Country Manager of Pakistan at JinkoSolar stated, "Pakistan has become our main market in Asia since its extraordinary boom on demand in the past few years. Pakistan's government has shown great interest in renewable energy and continues to support the development of the industry."

JKS, currently at $41.68, has been trading in the range of $13.50- $90.20 in the last one year.

Read the original article on RTTNews ( https://www.rttnews.com/3181349/stock-alert-jinkosolar-rises-after-signing-a-deal-with-pakistan-based-solar-panel-distributor.aspx)

For comments and feedback: contact editorial@rttnews.com

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