Chinese module manufacturer, Jinko Solar, signed a strategic agreement last week to build what is said will be China’s largest distributed PV plant.
The agreement was signed with the local authority of the Electromechanical Industrial Park, a national economic technology development zone, in Zhenjiang New Area of the eastern coastal province, Jiangsu.
The 120MW plant will be located across a 1.2 million square metre site and cost RMB1 billion in investment (US$164 million).
The plant, designed for commercial and residential rooftops, and will be built within three years, becoming the largest distributed PV plant in China once completed.
Under the agreement, Jinko Solar will be responsible for investment, engineering, procurement and construction serviers, and operation and maintenance.
The project will allow rooftop owners to generate their own energy to sell back to the grid, benefitting from localised. distributed on-grid tariffs.
JinkoSolar’s chairman, Xiande Li, said: “The strategic agreement signed with the local authority in Electromechanical Industrial Park, Zhenjiang New Area will aid the development of medium- and small-sized distributed PV power plants in areas and residential communities of eastern China, and is in line with the Chinese government’s policies to develop distributed energy.”
“We hope to use stable, reliable and clean energy to provide power for the whole area,” added Jianmin Xia, head of the management office of Electromechanical Industrial Park in Zhenjiang New Area.