Located in the city's economic and technological development zone known as the Zhenjiang New Area, the project is budgeted at CNY 1 billion ($164 million) and will cover an area of some 1.2 million square meters. The plant array is designed for commercial and residential rooftop installations in the zone.
JinkoSolar will oversee project declaration, investment, engineering, procurement and construction (EPC), operation and maintenance. Following completion, the rooftops' owners will be able to self-generate and consume the energy and allow for excess power to be sold back to the state grid with the distributed on-grid power tariff.
"The strategic agreement signed with the local authority in Electromechanical Industrial Park, Zhenjiang New Area, will aid the development of medium and small-sized distributed PV power plants in commercial areas and residential communities of eastern China, and is in line with the Chinese government's policies to develop distributed energy," said JinkoSolar Chairman Xiande Li.
"With JinkoSolar's renewable energy solutions, sustainable and stable clean energy sources will be provided to the properties in the area. We are glad to promote the development of distributed energy in China with the local authority in Electromechanical Industrial Park, Zhenjiang New Area, and at the same time demonstrate the important role renewable energy technology plays in boosting the sustainable development of local economy and environmental conditions."
Jianmin Xia, head of management at Electromechanical Industrial Park, added: "As a national economic technological development zone, Zhenjiang New Area has been complying with the Chinese government's policies on energy savings and emissions reduction. We hope to use stable, reliable and clean energy to provide power for the whole area. JinkoSolar is a highly recognized and respected company that has a large share of the domestic and overseas market. Its outstanding technologies and advanced environmentally friendly philosophy make JinkoSolar the ideal choice."
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