JinkoSolar lands 23-MW PV module order in California

Aug 21, 2013 - Chinese firm JinkoSolar Holding Co Ltd (NYSE:JKS) said Wednesday it had agreed to deliver 23 MW of solar modules for the Westland Solar Farms project in northern California.

The order came from engineering and construction company Swinerton Builders and clean energy finance and management specialist Clenera. The supply contract is for Jinko’s 300-W 72-cell high-efficiency PV modules. The photovoltaics (PV) maker expects to complete delivery in the closing quarter of this year.

Once up and running, the solar park will be selling its output to local utility Pacific Gas and Electric Co (PG&E), Jinko said without providing more details on the project.

A week ago the Chinese company posted a net profit of CNY 49 million (USD 8m/EUR 6m) for the second quarter of 2013. In the same period of 2012 Jinko’s loss amounted to CNY 310.5 million, while in the first quarter of 2013 the deficit totalled CNY 128.7 million. CEO Kangping Chen said the company expected to remain in the black for the whole of 2013 and noted that it had boosted its full-year module shipment projections to 1.5 GW-1.7 GW from the earlier forecast of 1.2 GW to 1.5 GW.

(CNY 1 = USD 0.163/EUR 0.122)

Choose your newsletter by Renewables Now. Join for free!