JinkoSolar Holding (JKS.NYSE) said it would resume production by early October at a plant in eastern China which was the site of violent environmental protests last weekend, Reuters reported. Third-quarter production costs would not be affected by the incident and products may still be delivered on time, the photovoltaic product maker said, an announcement that lifted its shares roughly 11%. JinkoSolar expects to spend less than US$1.3 million in compensation to local villagers and cover other costs related to the incident, adding that it also plans to hire an international agency to carry out an environmental evaluation of its facilities. Villagers gathered over the weekend at the company’s factory in Haining to protest pollution that had leaked from the factory into a nearby river, killing a large number of fish.
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