Green Energy

China’s JinkoSolar Signs 1.43 GW US Solar Supply Agreement With sPower

JinkoSolar, the world’s leader solar PV supplier just announced on June 6th, a three year, 1.43GW solar power.  agreement with Salt Lake City ’s sPower (the largest private owner and operator of solar assets in the United States). This announcement comes after JinkoSolar and NextEra revealed a 2.75 GW module deal two months ago.

This is not the first time the two companies have worked together. The two previously worked together, with JinkoSolar supplying over 800 megawatts (MW) worth of solar or around 2.5 million solar panels to sPower for its projects across the United States.

The partnership is interesting considering the recent imposition by US President Donald Trump of a 30% tariff on all imported solar cells and modules, leaving a fair bit of uncertainty surrounding the tariffs around this deal. Moreover, the deal comes in the wake of China’s new solar reforms that seek to limit fresh capacity addition in manufacturing.

“We have had a strong track record of success with JinkoSolar’s high quality and reliable modules, which is why we have signed another deal, JinkoSolar’s technology roadmap and cost leadership are also strong enablers for our future projects, and we look forward to maintaining our strong partnership,” said Ryan Creamer, CEO of sPower.

sPower has 13GW worth of wind and solar projects in its operating and construction pipeline and has 1.3GW already in operation.

 

copyright:iamrenew.com

I am Renew

Recent Posts

Modi Govt approved loan subsidies for 47 ethanol projects in Bihar

The central government has informed Parliament that 47 projects in Bihar have received in-principle approval…

3 days ago

Central govt urges Dairy Federations to join circular economy, biogas revolution

The Secretary for Department of Animal Husbandry & Dairying (DAHD), Alka Upadhyaya, has called on…

3 days ago

India’s ethanol blending reaches 16.9%, says Hardeep Singh Puri

Just as the quest of the nation for green energy is gaining unprecedented pace in…

3 days ago

Hithium to Supply 640MWh Energy Storage for Woolooga BESS Project

Hithium, a global energy storage product provider, announced the supply of 640 megawatt-hours (MWh) of…

4 days ago

BCL Industries to build 150 KLPD ethanol project; gets nod for 75 KLPD bio-diesel plant

BCL Industries has announced that it has received environmental clearance to set up a 150…

4 days ago

Blue Planet acquires Smart Environmental Group to strengthen its operations in New Zealand

Singapore headquartered sustainable waste management provider Blue Planet Environmental Solutions Pte. Ltd. has acquired Smart…

4 days ago