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Released September 04, 2024 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--JinkoSolar (NYSE:JKS) (Shanghai, China), a leading global solar panel manufacturer, shook off a dip in solar-panel selling prices in the second quarter to notch up a 34% year-over-year growth in module shipments. Industrial Info is tracking more than $16 billion worth of active and planned projects that are using, or considering, JinkoSolar as a service provider; more than $10 billion worth are capital-spending projects with a medium-to-high (70% or more) probability of beginning construction as scheduled.
Click on the image at right for a graph detailing the top 10 parent companies that are using, or considering, JinkoSolar's services, by total investment value.
JinkoSolar is among the companies that stand to be affected by a bill recently introduced in the U.S. Senate that would keep American tax dollars from going to Chinese companies seeking to build factories in the U.S. For more information, see August 15, 2024, article - Senate Bill Would Restrict Chinese Solar Companies from Using U.S. Tax Dollars.
Despite the political pressure, several high-profile U.S.-based companies are using JinkoSolar's panels in their projects, including two with grassroot projects set to wrap up later this year: Invenergy (Chicago, Illinois) and NextEra Energy Incorporated (NYSE:NEE) (Juno Beach, Florida), which are at work on a $300 million solar plant in Darien, Wisconsin, and the $220 million Big Cypress Solar Plant in Crawfordsville, Arkansas, respectively.
The Wisconsin project is set to generate 250 megawatts (MW) from 454,545 JinkoSolar photovoltaic (PV) panels, while the Arkansas project is set to generate 180 MW from about 300,000 JinkoSolar PV panels. Both are set to wrap up in the fourth quarter. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can learn more from detailed reports on the Wisconsin and Arkansas projects.
U.S. renewable energy developers also are snatching up solar projects developed by foreign-based companies. The North American arm of Juwi AG (Wörrstadt, Germany) recently sold off its $150 million Spanish Peaks Solar Plant near Trinidad, Colorado, which is expected to use 300,000 JinkoSolar PV panels to generate 124 MW, to Deriva Energy (Charlotte, North Carolina). The project is expected to wrap up in the fourth quarter. Subscribers can learn more from Industrial Info's project report.
Other Juwi projects include the $215 million Axial Basin Solar Plant in Craig, Colorado, which recently was sold to non-profit wholesale power supplier Tri-State Generation and Transmission Association (Westminster, Colorado). The facility, which is expected to generate 145 MW from 350,000 JinkoSolar PV modules, is expected to finish construction toward the end of next year. Subscribers can read a detailed project report.
Earlier this year, National Grid plc (London, England) started site preparation for the $234 million Dodson Creek Solar Plant in Hillsboro, Ohio, which is designed to generate 117 MW from 365,625 JinkoSolar PV modules, while Global Infrastructure Partners (New York, New York) started work on its $685 million Pine Forest Solar Project in Pickton, Texas, which is designed to generate 301.5 MW from about 720,000 JinkoSolar PV modules. The Pine Forest project also is expected to include a 210.05-MW battery energy-storage system (BESS) unit.
Both grassroot projects are set to finish construction in 2025. Subscribers can learn more from detailed reports on the Ohio and Texas projects.
Subscribers to Industrial Info's GMI Project and Plant databases can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of reports for active and planned projects across the U.S. that are using, or considering, JinkoSolar's services.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
Click on the image at right for a graph detailing the top 10 parent companies that are using, or considering, JinkoSolar's services, by total investment value.JinkoSolar is among the companies that stand to be affected by a bill recently introduced in the U.S. Senate that would keep American tax dollars from going to Chinese companies seeking to build factories in the U.S. For more information, see August 15, 2024, article - Senate Bill Would Restrict Chinese Solar Companies from Using U.S. Tax Dollars.
Despite the political pressure, several high-profile U.S.-based companies are using JinkoSolar's panels in their projects, including two with grassroot projects set to wrap up later this year: Invenergy (Chicago, Illinois) and NextEra Energy Incorporated (NYSE:NEE) (Juno Beach, Florida), which are at work on a $300 million solar plant in Darien, Wisconsin, and the $220 million Big Cypress Solar Plant in Crawfordsville, Arkansas, respectively.
The Wisconsin project is set to generate 250 megawatts (MW) from 454,545 JinkoSolar photovoltaic (PV) panels, while the Arkansas project is set to generate 180 MW from about 300,000 JinkoSolar PV panels. Both are set to wrap up in the fourth quarter. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can learn more from detailed reports on the Wisconsin and Arkansas projects.
U.S. renewable energy developers also are snatching up solar projects developed by foreign-based companies. The North American arm of Juwi AG (Wörrstadt, Germany) recently sold off its $150 million Spanish Peaks Solar Plant near Trinidad, Colorado, which is expected to use 300,000 JinkoSolar PV panels to generate 124 MW, to Deriva Energy (Charlotte, North Carolina). The project is expected to wrap up in the fourth quarter. Subscribers can learn more from Industrial Info's project report.
Other Juwi projects include the $215 million Axial Basin Solar Plant in Craig, Colorado, which recently was sold to non-profit wholesale power supplier Tri-State Generation and Transmission Association (Westminster, Colorado). The facility, which is expected to generate 145 MW from 350,000 JinkoSolar PV modules, is expected to finish construction toward the end of next year. Subscribers can read a detailed project report.
Earlier this year, National Grid plc (London, England) started site preparation for the $234 million Dodson Creek Solar Plant in Hillsboro, Ohio, which is designed to generate 117 MW from 365,625 JinkoSolar PV modules, while Global Infrastructure Partners (New York, New York) started work on its $685 million Pine Forest Solar Project in Pickton, Texas, which is designed to generate 301.5 MW from about 720,000 JinkoSolar PV modules. The Pine Forest project also is expected to include a 210.05-MW battery energy-storage system (BESS) unit.
Both grassroot projects are set to finish construction in 2025. Subscribers can learn more from detailed reports on the Ohio and Texas projects.
Subscribers to Industrial Info's GMI Project and Plant databases can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of reports for active and planned projects across the U.S. that are using, or considering, JinkoSolar's services.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
