JinkoSolar has inked its largest U.S. contract to date. The China-based solar products manufacturer will supply up to 1,000 MW of solar photovoltaic (PV) modules to Sustainable Power Group (sPower), a Salt Lake City-based independent power producer.
Per the agreement, JinkoSolar will ship more than 3 million solar PV modules for a series of sPower projects slated for completion in 2016.
“The timing of the agreement is significant in light of the recent extension by the US Federal Government of Investment Tax Credits for utility-scale solar development,” said Ryan Creamer, sPower CEO. “Strategic sourcing is an element of sPower’s plan to secure resources to ensure that we successfully achieve our aggressive development goals.”
sPower recently announced plans to bring 700 MW into commercial operation within the next year, doubling the company's 2015 operating portfolio of 500 MW.