Sep 25, 2014 - Chinese solar products maker JinkoSolar Holding Co Ltd (NYSE:JKS) said Wednesday it has now obtained all necessary permits to start selling its polycrystalline photovoltaic (PV) modules in Brazil.
Eight of the company’s solar modules, ranging from 260 W to 310 W, received an A-rating from Brazil's National Institute of Metrology, Quality and Technology (Inmetro). Obtaining such an accreditation is mandatory for all companies, wanting to sell their products on the local PV market.
Two of the company’s models were also given the free-of-potential-induced-degradation (PID) status. JinkoSolar plans to apply for accreditation for other of its models as the market develops, chairman Xiande Li said.
JinkoSolar gives among the highest projections for PV module shipments for the full 2014 among the top Chinese module suppliers. It is expecting to ship between 2.9 GW and 3.2 GW.
In July market intelligence firm IHS (NYSE:IHS) said it expects Brazil to reach annual solar installations of 1,023 MW for the year 2018, as compared to capacity additions of only 167 MW in 2013, thanks to the renewable energy auctions planned by the government.