Connect with us

Hi, what are you looking for?


Clean Power

Jinko Solar To Set Up 100 MW Solar PV Projects In China’s Jiangxi Province

Jinko Solar is expanding its power capacity across China as regulators have implemented policies to promote expansion of solar power infrastructure.

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!


Jinko Solar is aggressively expanding its solar power capacity across China as regulators have implemented encouraging policies to promote expansion of solar power infrastructure in the country.

The company has announced that it will set up 100 MW of solar power capacity in the Jiangxi province. It has signed an agreement with the local government to invest $130 million to develop this capacity. The projects are expected to be competed by the fourth quarter of this year.

The projects will be provided subsidised tariff of $0.19 per kWh by the government. Upon completion, the project are expected to generate 110 million kWh every year and about $21 million in annual revenues.

Jinko Solar has responded well to the calls by the Chinese government to increase solar power capacity. The central government has issued ambitious capacity addition targets, implemented policies that provide certainty for solar power project developers, and asked the provincial governments to support the sector through similar favorable policies.

Last month, the company had announced plans to install 500 MW solar power capacity in Zhejiang province over the next five years. In April this year, the company commissioned 39 MW of solar power projects in Jiangsu province. Last year, it had announced plans to invest $1.6 billion to set up 1,000 MW solar power capacity in Inner Mongolia.

The company has also entered into several financing agreement with a number of banks to invest in these projects. In July, the  China Development Bank International, Macquarie Greater China Infrastructure Fund, and New Horizon Capital agreed to make an equity investment of $225 million in its downstream solar power project business. The company also has a five-year financing agreement with China Minsheng Bank worth $163 million.

China has set a target to have a cumulative installed solar power capacity of 35 GW by 2015. The aggressive policy implementation from the government may lead to 100 GW installed capacity by 2018.

Have a tip for CleanTechnica? Want to advertise? Want to suggest a guest for our CleanTech Talk podcast? Contact us here.

EV Obsession Daily!

I don't like paywalls. You don't like paywalls. Who likes paywalls? Here at CleanTechnica, we implemented a limited paywall for a while, but it always felt wrong — and it was always tough to decide what we should put behind there. In theory, your most exclusive and best content goes behind a paywall. But then fewer people read it!! So, we've decided to completely nix paywalls here at CleanTechnica. But...
Like other media companies, we need reader support! If you support us, please chip in a bit monthly to help our team write, edit, and publish 15 cleantech stories a day!
Thank you!

Tesla Sales in 2023, 2024, and 2030

CleanTechnica uses affiliate links. See our policy here.
Written By

Mridul currently works as Head-News & Data at Climate Connect Limited, a market research and analytics firm in the renewable energy and carbon markets domain. He earned his Master’s in Technology degree from The Energy & Resources Institute in Renewable Energy Engineering and Management. He also has a bachelor’s degree in Environmental Engineering. Mridul has a keen interest in renewable energy sector in India and emerging carbon markets like China and Australia.


You May Also Like


Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! The Wuling Bingo is a cool small 5-door...

Cap And Trade

For projects expected to be built in 2030 in the EU, they have to account for the carbon dioxide and equivalent emissions at around...

Clean Transport

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! A recent announcement from Shell in China shows...


Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Zambia’s President Hakainde Hichilema recently returned from a...

Copyright © 2023 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.