Jinko connects 100MW China project to the grid

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JinkoSolar has connected a 100MW PV power plant in China to the grid.

The project in Xiangshui, Jiangsu Province, takes the module manufacturer’s total connected projects over the 300MW mark.

Work began at the site, which is on top of a fish farm, in April with connection achieved earlier this month. It will receive a 20-year subsidy of RMB1.0kWh (US$0.16kWh).

“The Xiangshui project is a landmark ground-mounted solar PV project in Eastern China with its efficient use of land and combination of fish farming and solar power generation, which is in-line with the National Energy Administration's new policy,” said Xiande Li, chairman of JinkoSolar.

“The government continues to promote favourable policies and subsidies which we believe will create numerous new opportunities during the second half of 2014. Our strong financial position, rich project development experience and high-quality pipeline will ensure that we achieve our full year project development target as we work to increase shareholder value,” added Li.

In August, the company revised its full-year project guidance from 400 to 600MW.

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