JinkoSolar Holding Co. Ltd. has signed an agreement with the local authority in Electromechanical Industrial Park, Zhenjiang New Area, Jiangsu Province, to develop 120 MW of distributed PV power capacity over three years.
The project covers an area of approximately 1.2 million square meters and is designed for commercial and residential rooftop installations in Zhenjiang New Area. JinkoSolar will be responsible for project development; financing; engineering, procurement and construction; and operations and maintenance. Following completion, the rooftops' owners will be able to self-generate and consume the energy and allow for excess power to be sold back to the state grid with the distributed on-grid power tariff.
Xiande Li, chairman of JinkoSolar, says the agreement will aid the development ofÂ small to midsize distributed PV power plants in commercial areas and residential communities of eastern China, and is in line with the Chinese government's policies to develop distributed energy.
‘As a national economic technological development zone, Zhenjiang New Area has been complying with the Chinese government's policies on energy savings and emissions reduction,’ says Jianmin Xia, head of the management office at the Electromechanical Industrial Park in Zhenjiang New Area. ‘We hope to use stable, reliable and clean energy to provide power for the whole area.’