JinkoSolar connects 39 MW to China grid

The Chinese solar company has completed two PV projects in the province of Jiangsu, China.

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JinkoSolar has today announced the successful connection to the grid of two PV projects with a combined capacity of 39 MW.

The 24 MW Xinyi solar plant and the 15 MW Lianyungang solar plant are both located in China’s Jiangsu Province, and represent JinkoSolar’s continued commitment to expanding its downstream business, taking the company’s cumulative installed PV capacity to 252 MW.

Both projects have been granted 20-year subsidies from the government: the plant in Xinyi at a rate of 1.125 RMB per KWh, and the Lianyungang plant a rate of 1.1 RMB per KWh.

"These two projects are just the beginning as we focus on improving our competitive position in project development in China," said JinkoSolar chairman, Xiande Li. "Having been successful in Western China, we are now expanding our downstream business into China’s eastern provinces. The addition of these two successful projects demonstrates our commitment to expanding eastward as we continue to grow our PV project portfolio in 2014."

Despite growing 62.7% in 2013, JinkoSolar has been eager to diversify its business offering, entering the downstream market at the same time as fellow Chinese Tier 1 companies, Yingli and Trina. Having enjoyed a strong fourth and final quarter in 2013, JinkoSolar’s CEO, Kangping Chen, revealed that the company is also hoping to establish a new R&D center and a wider geographical reach throughout the PV industry.

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Ian Clover

Ian joined the pv magazine team in 2013 and specializes in power electronics (inverters) and battery storage. Ian also reported on the UK solar market, having worked as a print and web journalist in Britain for various multimedia companies, covering topics ranging from renewable energy and sustainability to real estate, sport and film.

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