This development takes the company’s grid connected projects in China to 252MW.
The projects are the 24MW solar PV power plant in Xinyi and the 15MW solar PV facility in Lianyungang.
Both projects have received a 20-year subsidies from the local government, with the Xinyi and Lianyungang plants at rates of 1.125 RMB per KWh and 1.1 RMB per KWh, respectively.
JinkoSolar Holding chairman Xiande Li said the company is now expanding downstream business into China’s eastern provinces.
"The addition of these two successful projects demonstrates our commitment to expanding eastward as we continue to grow our PV project portfolio in 2014," added Li.
"These two new projects are just the beginning as we focus on improving our competitive position in project development in China."
JinkoSolar sells its solar products in the global PV market, comprising Germany, Italy, Belgium, Spain, the US, Eastern Europe, China, India, Japan and South Africa.
Image: JinkoSolar’s Xinyi and Lianyungang power plants were granted blended 20-year subsidies. Photo: courtesy of Naypong / FreeDigitalPhotos.net.
