JinkoSolar (NYSE: JKS) Wins 100MW Projects in Chile

Brian Hicks

Written By Brian Hicks

Posted May 2, 2014

Chinese solar energy company JinkoSolar announced on Friday that it has scored two contracts in Chile which amount to 100 MW of photovoltaic modules.

The two projects are located in the Atacama Desert, which JinkoSolar says has some of “the highest irradiation levels in the world.” One installation will provide 60 MW and use 197,000 JinkoSolar modules, generating about 132 million kilowatt hours per year. The other will be a 40 MW plant that will generate approximately 88 million kilowatt hours per year.

JKS hit a double top in the beginning of 2014 with the resistance point just above $36, and it has been trending slightly downward since the beginning of March, as the Solar space took an overall dip. Shares closed yesterday at 27.35, still closer to the 52 week high than the low.

Another Oil Train Crash Launches GBX

Yet another oil train has derailed. This time, it was just ouside of Lynchburg Virginia. Two months ago, we made a recommendation on GBX, based upon its designs for the “tank car of the future.” This design would make rail transport of fuels much safer. Guess what that stock is doing now…

Angel Publishing Investor Club Discord - Chat Now

Brian Hicks Premium

Introductory

Advanced

Even Amazon is Investing in Nuclear

Amazon, the global e-commerce powerhouse, is gearing up for a groundbreaking energy revolution. Teaming up with three leading nuclear company, they're making waves with an innovative plan to utilize nuclear energy using Small Nuclear Reactors (SMRs) . The e-commerce giant signed three deals for SMR development in Virginia. We reveal the names and ticker symbol of the company they're partnering with in our FREE report, "Even Amazon Is Investing in Nuclear." This news could make their share price sky rocket at any moment! Sign up below to get your free copy delivered to your inbox right away.

Sign up to receive your free report. After signing up, you'll begin receiving the Energy and Capital e-letter daily.