JinkoSolar has won three solar photovoltaic projects totalling 188MW AC in Mexico’s first long-term electricity auction since the implementation of energy reforms.
The company said it will develop and build the solar power plants, two of which are in Yucatán and one in Jalisco.
The projects are expected to reach commercial operation by mid-2018.
All the electricity generated will be sold to Mexico’s Federal Electricity Commission under a 15-year power purchase agreement, as well as the associated clean energy certificates for a 20-year period.
JinkoSolar chairman Xiande Li said: “I am pleased to have been awarded these large-scale projects in Mexico, a milestone in JinkoSolar’s expansion into overseas projects.
“We look forward to leveraging this win to further increase our growth momentum in Mexico and other emerging solar markets as we continue to seek project development opportunities in other markets.”
Image: JinkoSolar
JinkoSolar hits Mexican hat trick
Developer wins three solar projects in country's power auction
By EBS