JinkoSolar states it is currently over 50% renewables powered

Nov 15, 2022 02:03 PM ET
  • Chinese solar module manufacturer JinkoSolar Holding Co Ltd (NYSE: JKS) on Monday claimed its international operations are now powered greater than 50% by renewable resource.
JinkoSolar states it is currently over 50% renewables powered
Image: JinkoSolar.

The business's worldwide centers, including 12 manufacturing facilities in 4 nations-- China, Malaysia, Vietnam as well as the US,-- operate on 51.3% renewable resource. They use a mix of hydro, solar, and wind energy created or acquired by the business.

JinkoSolar aims to get to 60% by the end of 2023. It claimed accomplishing its 100% objective is obtaining more difficult due its quick capacity expansion. According to its newest forecast, the firm expects to ship between 41.5 GW as well as 43.5 GW of modules in 2022.

JinkoSolar additionally said that its supply chain partners have actually committed to getting to 100% renewable resource for its operations linked to JinkoSolar.

JinkoSolar vice head of state Dany Qian commented that the landmark "is showing the business case that well-managed business can minimize the greenhouse gases that are triggering the climate dilemma while at the same time decreasing their energy prices."

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