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JinkoSolar Signs Agreement For 600 MW Solar PV Panels

JinkoSolar announced this week that it has signed an agreement with China Three Gorges New Energy Corporation to deliver a total of 600 megawatts (MW) of high-efficiency solar panels.

The three-year strategic cooperation agreement between the two companies will run from 2013 to 2015, and make use of JinkoSolar’s solar panels in an installation in western China.

“We are very pleased to sign this long term large contract and to further extend our cooperation with CTGNE, one of the largest and fastest growing developers of renewable energy projects in China, following our previous 50MW contract with CTGNE we announced in October 2012,” commented Mr. Xiande Li, Chairman of JinkoSolar.

“China is becoming a major and fast growing market for solar PV modules, and we believe that our strategic cooperation with CTGNE reflects CTGNE’s confidence in the advanced technology, high quality, and reliability of our products.”

JinkoSolar describe itself as “a leading solar power product manufacturer” and operation production installations in Jiangxi and Zhejiang Provinces in China. China Three Gorges New Energy Corporation, on the other hand, is the first state-owned enterprise to enter into the field of wind power.

JinkoSolar has often been in the news of late, having provided solar panels for numerous large installations.

  • In September of 2012 they were awarded the contract to provide 30 MW of PV modules for a PV power plant project planned for Hami city in the Xinjiang Province of China.
  • In the same month JinkoSolar announced they would be partnering with Solea Renewables to develop the first ever off-grid utility scale photovoltaic system in South Africa for a Limpopo province chrome mine.
  • While in October of last year they were awarded the contract to build a 50 MW project for Three Gorges New Energy Corporation in the Gansu Province in China.

All in all, JinkoSolar is definitely one of the big names in the current solar industry but — with the current glut of solar panels from China flooding western markets, one wonders whether the Chinese solar industry will be able to break the negative feelings currently flooding their way.

 
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