Jinko Solar has signed a 240MW solar module supply agreement with Powerchina Huadong Engineering Corporation Limited for the second phase of the 420 MW Dau Tieng solar plant in Vietnam, which will become the largest solar power project in Southeast Asia when completed.
The Dau Tieng project is located in Tay Ninh, southwest Vietnam and is being developed by Vietnam’s Xuan Cau Co Ltd and Thailand’s B.Grimm Power Public Co Ltd.
Powerchina Huadong is responsible for EPC. The project is a milestone in accelerating development of new energy markets in Vietnam and across Southeast Asia.
“With the reduction of solar costs, the competitiveness of solar energy is increasing, we look forward to working closely again with Powerchina Huadong to participate in more outstanding solar energy projects globally,” said Gener Miao, vice president global sales and marketing of JinkoSolar.
A number of projects developed by Powerchina Huadong are located in countries that often experience power shortages along the ‘belt and road’ route.
“These projects have strengthened the partnerships between each country and have helped Chinese companies to go global, allowing them to gain valuable experience in the planning, design, construction and operation of solar plants,” said Leiming Shi, vice president of Powerchina Huadong.
“Developing a partnership with a global leader like JinkoSolar to push this project forward allows us to use their high quality modules and leverage their mature global sales network.”
JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 9 GW for silicon ingots and wafers, 5 GW for solar cells, and 9 GW for solar modules, as of June 30, 2018.
The company distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and other countries and regions.