JinkoSolar signs project investment agreement with Hengfeng County JinkoSolar announced that JinkoSolar Power, a subsidiary of the company has signed project investment agreements with the local government of Hengfeng county in Jiangxi Province to develop totally 100 MW PV projects. Jinko Power will own the projects and will manage the project investment and EPC as well as operations and maintenance. According to the terms of the agreement, Jinko Power will invest approximately RMB 800M for the projects, and the project will receive subsidies of RMB1.2 per kWh. Construction has begun in the third quarter and is expected to complete in the fourth quarter of this year. After the completion, those projects will generate around 110 million kWh electricity annually, generating approximately RMB132 million revenue per year.
JinkoSolar to supply 19 MW of solar modules for a PV project in Chile JinkoSolar Holding will supply 19 MW of solar modules for a PV project in Chile's Atacama Desert region which has one of the highest irradiation levels in the world.