NextEra Energy and JinkoSolar reveal 2,750MW module supply deal

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email
NextEra Energy said in a joint statement that it had amended a previously unannounced supply deal with JinkoSolar that increases it to a total of 2,750MW over a four year period. Image JinkoSolar

US-based clean energy firm NextEra Energy and parent of utility, Florida Power & Light has officially acknowledged a massive solar module supply deal with leading ‘Silicon Module Super League’ (SMSL) member, JinkoSolar. 

NextEra Energy said in a joint statement that it had amended a previously unannounced supply deal with JinkoSolar that increases it to a total of 2,750MW over a four year period. The SMSL had previously announced in January that it had secured a 1,700MW supply deal in the US over a three-year period, without identifying the purchaser. 

The SMSL had also recently announced that it would build its first module assembly plant in the US in Jacksonville, Florida, with very few details made public. 

However, the joint statement noted that JinkoSolar would operate a state-of-the-art factory in Jacksonville with a nameplate capacity of 400MW. The supply deal with NextEra Energy assumes an annual demand of 687MW per annum over the four-year agreement.

“Investing in this solar panel manufacturing facility makes clear our commitment to Florida and the growing US market,” said Kangping Chen, CEO of JinkoSolar. “This will be one of the world's most advanced solar panel manufacturing facilities, which will provide us with the flexibility and manufacturing capacity to support our local partners and growing US customer base.”

JinkoSolar was also noted to use the ‘Port of Jacksonville for a large volume of importing and exporting activities'.

In 2015, Korean-owned Hanwha Q CELLS secured a 1,500MW module supply deal with NextEra Energy Partners for projects to be built in 2016, which was the largest such supply deal publicly announced at the time. 

JinkoSolar has also received inward investment funding from local government authorities to establish the module assembly plant. 

Read Next

May 13, 2021
The solar module manufacturing subsidiary of Italian utility Enel is aiming to scale up annual production capacity to 3GW in the second half of 2023, the company has confirmed.
April 28, 2021
Renewable energy group BayWa r.e. has opened what it claims is its largest PV warehouse in Europe yet in a bid to expand its distribution network in the continent.
PV Tech Premium
April 26, 2021
LONGi’s ascent to the top of the solar module shipments league table captured headlines last week, but it also cements the view that consolidation in the sector is inevitable, with an oligarchy of majors dominating market share. Carrie Xiao assesses the prospects of those top five companies as 2021 heats up.
PV Tech Premium
April 20, 2021
‘Solar Module Super League’ (SMSL) member Canadian Solar is planning to launch its first N-type heterojunction (HJ) PV modules in the second half of 2021, PV Tech can reveal.
April 19, 2021
Solar manufacturing material shortages are nearing a crisis point with the price of polysilicon continuing to rise, JinkoSolar’s Dany Qian has said.
April 16, 2021
Three US utilities have hit out at proposed changes to Texas’s energy market that they say would lead to new costs for solar facilities and curb investment in the state’s renewables sector.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
May 26, 2021
Session 1 - 7:00 AM (BST) | Session 2 - 5:00 PM (BST)
Solar Media Events
June 15, 2021
Solar Media Events
July 6, 2021
Solar Media Events
August 24, 2021