STOCK TITAN

JinkoSolar High-Efficiency Modules Power More Than One Third of the Capacity Generated by Utility-Scale PV Projects in Australia

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

JinkoSolar Holding Co., Ltd (NYSE: JKS) announced that its solar modules are generating nearly 550 MW AC, representing over one-third of Australia's utility solar PV capacity, which totals around 1.5 GW. With upcoming connections from several power plants, JinkoSolar's output will reach 1 GW AC. This achievement reinforces JinkoSolar's leadership in the Australian market, reflecting its commitment to renewable energy innovation and customer recognition.

Positive
  • JinkoSolar's modules power over one-third of the total utility-scale solar capacity in Australia.
  • Expected increase in total capacity from JinkoSolar to 1 GW AC with new power plant connections.
Negative
  • None.

SHANGHAI, Dec. 28, 2020 /PRNewswire/ -- Recently, JinkoSolar Holding Co., Ltd ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, announced that according to the data available on Australia National Electricity Market Dashboard, Google Data Studio, the modules deployed by JinkoSolar for utility scale solar farms in Australia are currently generating almost 550 MW AC, more than one third of the combined capacity of solar PV installations in Australia utility sector, which reaches approximately 1.5GW not including hybrid power plants. This important achievement confirms JinkoSolar as a leading company in Australia utility market and once Sunraysia, Glenrowan, Jemalong and Batchelor NT power plants will be connected to the grid, the total capacity generated thanks to JinkoSolar high-efficiency modules will hit 1 GW AC.

Anita Li, General Manager of JinkoSolar APAC, commented, "We are very proud that JinkoSolar high-efficiency modules power more than one third of the total capacity generated by utility projects in Australia. This achievement validates our efforts and the customer recognition from the market means a lot to us. As one of the biggest PV module manufacturers globally, our teams have been actively seeking new opportunities to contribute to local electrical power system and will continue to provide innovative technology based products and optimized operation to push the development of renewable energy in Australia."

Cision View original content:http://www.prnewswire.com/news-releases/jinkosolar-high-efficiency-modules-power-more-than-one-third-of-the-capacity-generated-by-utility-scale-pv-projects-in-australia-301198867.html

SOURCE JinkoSolar

FAQ

What percentage of Australia's utility solar capacity is powered by JinkoSolar modules?

JinkoSolar modules power more than one-third of Australia's utility solar capacity.

What is the current AC generation capacity of JinkoSolar in Australia?

JinkoSolar is currently generating almost 550 MW AC in Australia.

When will JinkoSolar's total capacity reach 1 GW AC?

JinkoSolar's total capacity is expected to reach 1 GW AC when several power plants are connected to the grid.

What is the significance of JinkoSolar's achievement in Australia?

It signifies JinkoSolar's leadership in the Australian utility market and validates its innovative solar technology.

JINKOSOLAR HOLDINGS CO

NYSE:JKS

JKS Rankings

JKS Latest News

JKS Stock Data

1.18B
33.25M
33.87%
26.18%
10.36%
Solar
Technology
Link
United States of America
Shangrao