Shanghai‑based JinkoSolar, a clean‑energy tech firm, has agreed to sell a majority stake in its U.S. subsidiary to FH Capital. The deal leaves JinkoSolar holding a minority position while giving the private‑equity firm control over the American operations. The transaction signals a strategic shift toward deeper U.S. market penetration.

Post‑closing, FH Capital plans to inject additional expansion capital to at least double the current solar module production capacity of the U.S. unit. The investment will also kick off domestic battery‑energy‑storage‑system (BESS) manufacturing, positioning the subsidiary as a full‑cycle solar and storage provider in the competitive American market for utilities and commercial developers.

The acquisition reflects FH Capital’s strategy to deepen its footprint in renewable energy infrastructure, capitalizing on the U.S. government's favorable policy environment and the growing demand for integrated solar‑storage solutions. By retaining a minority stake, JinkoSolar preserves its brand presence while leveraging FH’s financial muscle. This move also positions the company to compete with larger U.S. solar players.

For investors, the deal offers a chance to back a leading solar manufacturer that is scaling up production and diversifying into storage. The transaction underscores the ongoing consolidation in the renewable sector and signals that private‑equity firms are willing to invest heavily in U.S. manufacturing capabilities. This alignment could reshape supply chains across the industry.