200 MW Jinko Solar Farm Intended For China
Support CleanTechnica's work through a Substack subscription, on Patreon, or on Stripe. Help us produce all of the high-quality, original content we publish week after week despite the challenges of content-scraping AI, antisocial media, inflation, and other hurdles.
Jinko Solar has signed an agreement with the government of Lingwu City to build a 200 MW solar PV power plant. Jinko will not only build but will also finance this plant. It will cost $754 million (RMB 4.6 billion), which translates to a cost of $3.77 per watt of the plant’s generation capacity.
If approved, the plant would be constructed in Lingwu city, located in the Ningxia Hui region of Northern China, and it would be connected to the state grid.
“We are very pleased to have this opportunity to cooperate with Lingwu City,” said Xiande Li, Chairman of Jinko Solar. “Our high quality pipeline of projects and stable cash flows from downstream business ensure the good return of our investors.”
Jinko is an international solar company, as it is expanding in three other countries. However, its operations are primarily in China. At the end of 2012, Jinko Solar was the 7th-largest solar module manufacturer in the world.
Read more about Jinko Solar here on CleanTechnica. And follow all the hottest solar news via our solar channel or our free solar energy newsletter.
Image Credit: Jinko Solar
Sign up for CleanTechnica's Weekly Substack for Zach and Scott's in-depth analyses and high level summaries, sign up for our daily newsletter, and follow us on Google News!
Have a tip for CleanTechnica? Want to advertise? Want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Sign up for our daily newsletter for 15 new cleantech stories a day. Or sign up for our weekly one on top stories of the week if daily is too frequent.
CleanTechnica uses affiliate links. See our policy here.
CleanTechnica's Comment Policy
