JinkoSolar recently guided up to 20GW of PV module shipments in 2020. Credit: JInkoSolar
Chinese Silicon Module Super League (SMSL) member JinkoSolar has delivered 950MW of its ultra-high efficiency Cheetah 72 cells solar modules to Spanish developer X-ELIO, to be installed at different projects across Spain and Mexico.
Of the modules, a 575MW batch will be used in 12 project sites across Spanish locations including Ciudad Real, Badajoz, Albacete, Murcia, Almería, Sevilla, Cartagena, Valencia and Segovia. More than 375MW, meanwhile, will be deployed between two different project locations in Mexico, with 118MW and 257MW destined for Veracruz and Navojoa, respectively.
"We are very pleased to have gained the trust and confidence of X-ELIO, one of the most professional and experienced developers and investors in the PV industry," said Kangping Chen, CEO of JinkoSolar. "Supplying their large-scale pipeline projects in Spain and Mexico with our ultra-high efficiency PERC Mono modules has allowed us to significantly expand our share of the Spanish and Mexican PV markets this year."
X-ELIO has built more than 1.6GW of solar capacity with 41 plants in operation.
JinkoSolar is one of the only companies to have AA-Rating module bankability status within the industry today, according to the PV ModuleTech Bankability Rankings report. It also recently guided up to 20GW of PV module shipments in 2020, at least a 25% increase over new 2019 shipment guidance levels.
The prospects and challenges of solar's new era in Europe and beyond will take centre stage at Solar Media's Solar Finance & Investment Europe (London, 5-6 February) and Large Scale Solar Europe 2020 (Lisbon, on 31 March-1 April 2020).
Meanwhile, the state-of-play of Latin America's solar and storage ecosystem will be explored at Solar Media's Energy Storage Latin America, to be held in Colombia on 28-29 April 2020.
The business of solar is changing, as the industry scales up, technology, IT and new players to the market will add complexity. This sparks a host of opportunities such as co-location of solar and storage and the rise of unsubsidised solar projects as well as challenges which will question the very business model of European solar asset owners. Solar Finance & Investment Europe is the meeting place for institutional investors, sovereign wealth funds, solar, wind and storage funds and large energy buyers to do business.