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

Facebook
Twitter
LinkedIn
Reddit
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

October 5, 2022
The Arkansas Public Service Commission has approved Entergy Arkansas’ 250MW Driver Solar Project located near Osceola in Mississippi County.
PV Tech Premium
October 4, 2022
Maxeon’s interim CEO talks to PV Tech about capacity expansions, smart home solutions and the company’s search for a new CEO.
October 4, 2022
The government of India has released guidelines on the second round of its Production Linked Incentive (PLI) scheme designed to develop greater domestic PV production and slash the country’s reliance on imports.
October 3, 2022
Australia’s Renewable Energy Agency (ARENA) has launched a AUS$43 million (US$27.7 million) Industrial Energy Transformation Studies Program aimed at identifying opportunities to reduce energy costs and emissions in the country’s industrial sector.
October 3, 2022
Residential solar systems in the US continue to grow in size at the same time as battery attachment rates increase, according to LBNL.
September 30, 2022
US renewable energy major Brookfield Renewable has agreed to spend up to US$2 billion in order to acquire both Scout Clean Energy and Standard Solar.

Subscribe to Newsletter

Upcoming Events

On-Demand Webinars, Solar Media Events
October 11, 2022
Virtual event
Upcoming Webinars
October 18, 2022
10am (EDT) / 4pm (CEST)
Solar Media Events
November 29, 2022
Malaga, Spain