The majority-owned principal operating unit of Chinese photovoltaics (PV) maker JinkoSolar Holding Co Ltd (NYSE:JKS) has secured a deal to supply modules for a 522-MW solar project in Brazil.
Jinko Solar Co Ltd, also referred to as Jiangxi Jinko has been selected to deliver its Tiger Neo 78 Cell modules, the parent company said on Thursday.
The hardware will be used for the first phase of the 1.2-GW Santa Luzia solar complex of nine PV parks in Paraiba State. The huge project is already under construction and is expected to require an overall investment of BRL 4.1 billion (USD 771.4m/EUR 741.3m). The capacity will be instlled in three stages that will span an area of over 1,700 acres in the cities of Santa Luzia and Sao Mamede.
Jinko Solar has shipped the first batch of modules earlier in November and will complete deliveries of the equipment for the initial phase in May 2023. The plant is due to begin commercial operations in January 2024.
The Santa Luzia project was developed by Brazilian independent power producer Rio Alto Energias Renovaveis. Last week, it contracted China’s Trina Solar Co Ltd to supply smart trackers for phase one.
(BRL 1.0 = USD 0.188/EUR 0.181)
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