Greentech Lead Africa: JinkoSolar, a global solar PV power product manufacturer, has entered into a module supply agreement with a leading solar project developer to deliver a total of 115 megawatts (MW) of its high-efficiency solar panels for two projects in South Africa.
The projects will be developed, designed, constructed and commissioned by the Developer. Under this agreement Developer may also purchase from JinkoSolar additional solar panels for other projects worldwide in a three year period.
Both projects are part of Phase 2 South African IPP Procurement Program. The first project will consist of a total of 75 MW while the second project will consist of 40 MW.
Arturo Herrero , chief marketing officer of JinkoSolar, said, “JinkoSolar has been very successful in winning contracts in South Africa thanks to the trust from our customers and local banks, in both the first and second phases. South Africa, with its abundance of sunshine, rapid economic growth and governmental support, is one of the most important emerging markets for JinkoSolar.
The company’s local presence, bankability and its partnership with developers in South Africa has boosted the company’s reputation in the region.
“And we look forward to the completion of these two projects and the opportunities for further cooperation during phase 3, making solar power increasingly cost competitive in South Africa,” added Herrero.
JinkoSolar has production operations in Jiangxi and Zhejiang Provinces in China and sales and marketing offices in Shanghai, China, Munich, Germany, Bologna, Italy, Montpellier,
The company supplies products to global customers base in Germany, Italy, Belgium,
JinkoSolar has built a vertically integrated solar product value chain with an integrated annual capacity of approximately 1.2 GW each for silicon ingots and wafers, solar cells and solar modules as of September 30, 2012.