The dividend was approved by the shareholders at the companys Annual General Assembly (AGA), chaired by Khaled Abdulla Al Qubaisi, Tabreeds Chairman, and attended by Tabreeds Board of Directors, shareholders, and the company's senior leadership team.
Jinko said it would take legal action to defend itself, its clients and partners from the accusations and says that it is confident its arguments will prevail in court. Among the legal options open to Jinko is the possibility of petitioning for the patents Hanwha Q Cells is claiming against to be ruled as invalid.
Dubais residential sector is set to experience a lift this year thanks to plans to install solar rooftops on 10% of the emirates homes. The DEWA-funded rooftop program was launched under the Shams Dubai initiative, which offers net-metering for small-scale solar.