JinkoSolar to supply 81 MW of PV modules to South African project


The Chinese photovoltaic manufacturer has signed a fixed price contract under which it will supply WBHO-BE with 344,540 modules for its photovoltaic plant in the Gamagara Local Municipality.

The project, which will be developed, designed, constructed and commissioned by WBHO-BE, was approved under the first bidding round of South Africa’s Renewable Energy Programme. Module shipments are scheduled to start in Q1 2013, and should be complete before the end of Q4.

In related news, JinkoSolar entered into a US$1 billion strategic cooperation agreement with the Guangdong Branch of China Development Bank last week. The company said the financing is intended to be used for overseas expansion, merger, acquisition and downstream business, including project development and EPC for photovoltaic power plants.

A spokesperson further told pv magazine that while they could not reveal any specific details, if JinkoSolar were to acquire a company, it would be one that focuses on the project business. Furthermore, while it has concentrated on the Chinese market this year, next year it plans to expand its European project business.

JinkoSolar will initially focus on the Romanian, German, Spanish and Ukrainian markets, before turning its attention worldwide. "The Swiss branch is our European headquarters," said Sebastian Liu from the company’s investor relations business. He added, "We want to use it as a platform to develop our project business in the European and then world market."

Popular content

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.


Related content

Elsewhere on pv magazine...

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.