JinkoSolar in 600MW deal with CTG

China is set to become the world's largest PV market this year

China is set to become the world's largest PV market this year

JinkoSolar has inked a “strategic co-operation agreement” that will see it supply 600MW of PV modules to the renewables division of state-owned China Three Gorges Corporation, in a landmark deal for China’s rapidly blossoming PV market.

The modules will be supplied between 2013-2015, and would account for more than 16% of Jinko’s total production capacity during that period if it does not expand its operations.

The deal represents a follow-on between Jinko and China Three Gorges New Energy Corporation (CTG-NE), which bought 50MW of modules last autumn for a project in Gansu province.

CTG-NE is primarily known as the wind development arm of the Chinese giant behind the eponymous Three Gorges dam, with stakes in a variety of wind companies, from Chinese turbine maker Goldwind Log in to read complete article.

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