JinkoSolar Holding has won 3 solar PV projects totaling 188 MWac in Mexico to develop and build the solar power plants.
Two of the projects — located in Yucatán and Jalisco — are expected to reach commercial operation by mid-2018. Mexico’s Federal Electricity Commission (CFE) will purchase all electricity generated under a power purchase agreement for 15 years, as well as the related clean energy certificates for 20 years.
The expected total generation of the three projects is over 500 GWh/year and will reduce CO2 emissions by about 200,000 tons/year.
Xiande Li, chairman of JinkoSolar, said: “We are eager to work with CFE and CENACE to develop renewable energy in Mexico. We look forward to leveraging this win to further increase our growth momentum in Mexico and other emerging solar markets.”