JinkoSolar Holding Co., Ltd., a global solar PV power product manufacturer, announced on August 5th, 2013, that it has supplied 2.2 MW of high-efficient solar PV modules to HMC Farms, which will span across 390,000 square feet of ground space and enable HMC to significantly hedge against rising electric utility charges on two cold storage and packaging meters. The solar plant has been developed and is being built by California based Cenergy Power, an integrator of solar power systems.
HMC Farms, a vertically integrated grower, shipper and packer of peaches, plums, etc., selected JinkoSolar’s module for its high efficiency and long-term sustainability. The giant ground mounted solar system is designed to produce over 3.4 million kWh of energy annually, which will reduce the plant's energy needs by 68% and provide an attractive 4-year unlevered return on investment.
"We believe that economically sound sustainability initiatives make tremendous business sense and we're excited to move forward with JinkoSolar and Cenergy Power on our large solar project," says Michael Toms, Chief Operating Officer of HMC Farms. "In addition to the strong financial benefits, we feel great about the environmental attributes associated with the solar system. According to data from Environmental Protection Agency (EPA), the clean energy generated by our solar farm will be equivalent to the carbon sequestered by 2,000 acres of forests annually."