JinkoSolar Holding Co., Ltd.("JinkoSolar" or the "Company") (NYSE: JKS), a leading global solar power product manufacturer, has announced it has signed an cooperative agreement with China Jiangxi Corporation for International Economic & Technical Co, Ltd. (“CJIC”)to provide technical support for CJIC’s 50MW solar power project development in Kenya. Under the cooperative agreement, JinkoSolar is also appointed by CJIC as a preferred supplier for the solar modules and the components for this project.
The project is planned to occupy 81 hectare and is expected to be one of the largest grid connected solar power plants in Africa.Located in northwest city of Garissa, Kenya, the plant is expected to produce approximately 76,473 megawatts hours per year, reducing yearly carbonemissions by 64,190 tonsand saving coal consumption by 24,470 tons annually.
With an arid climate and vast desert landmass, Garissa is geographically optimal for harnessing solar power. The pre-assembled modular approach planned by by JinkoSolar to facilitate installationand future operation and maintenance.And pouring pile and spiral pile design will be utilized to protect local vegetation. The introduction of solar energy is expectedto generate significant value for Kenya’s energy landscape, by ensuring sustainable opportunities for diversified economic growth.
“We are extremely impressed with quality of JinkoSolar’s products and expertise in design and engineering,”said Mr. Guojian Xu, General Manger of CJIC.“Through cooperation,we hope to build a long-term relationship to harness both our unique advantages and open anew chapter for the construction of PV power plants in Africa.”
“We are pleased to be a part of Kenya’spush towards clean-tech development and commitment to renewable energy,”said Mr. Kangping Chen, Chief Executive Officerof JinkoSolar.” As a market leader in the solar energy business, JinkoSolar will play a key role in supply Kenya’s growing demand for solar energy. By cooperating with CJIC, we expect that this project will achieve provide JinkoSolar with future opportunities in Kenya’s solar power plant industry.”