U.S. Welcomes Jinko Solar's PV Panels as its Project List Grows

U.S. Welcomes Jinko Solar

January 13, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--Jinko Solar (NYSE:JKS) (Shanghai, China) started the new year with some good news: U.S. Customs and Border Protection recently released a large volume of the company's solar panels into the U.S. market for sale, after it was determined that Jinko Solar was in compliance with the Uyghur Forced Labor Prevention Act (UFLPA). The company also is benefiting from a sharp drop in the price of polysilicon, a key ingredient in photovoltaic (PV) panels.

Industrial Info is tracking more than $16.5 billion worth of solar projects across the U.S. that are using, or considering using, Jinko's products, including more than $5.4 billion worth already under construction. NextEra Energy Incorporated (NYSE:NEE) accounts for more solar projects under construction with Jinko components than any other company, two of which are contracted to Xcel Energy Incorporated (NASDAQ:XEL). Iberdrola S.A. (Bilbao, Spain) trails only NextEra in its total related investment.

Other companies featured: Swift Current Energy, Enel Green Power North America and Global Infrastructure Partners.

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